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    1602 Avenue D Katy, TX 77493

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    For Sale
    $4,990,000

    Retail/Professional center with 16,069 SF net rentable area.

    Property size:
    16,069 SF
    Lot size:
    3.96 Acres

    Property Features for 1602 Avenue D

    General Information

    Size
    16,069 SF
    Lot size
    3.96 Acres

    Source: Colliers - Houston Agent Chris Klein

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Center in Katy, Texas

    This retail and professional center features a net rentable area of approximately 16,069 square feet, situated on approximately 3.96 acres. The parking ratio is 3.85 spaces per 1,000 square feet leased. The current zoning is commercial land use/retail. The existing improvements include a tilt wall structure with a brick veneer finish, tall parapets, and generous soffits. The property also features concrete paved parking and service areas, along with extensive landscaping. Environmental assessment: clean, new in 2017. The tax rate for 2024 is $2.150789.
    Location Intelligence

    Current Use by Public Records

    Little Hands Learning ... Day Care Center Showcase Gymnastics Old ... Gym Rise Communities Community Center Shamrock Communications Telecommunications Service Provider

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Katy
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.824322
    Latitude
    29.794018

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    FAQs

    What type of property is this?
    Shopping center - Retail/Professional center with 16,069 SF net rentable area.
    Where is this shopping center located?
    The property is located at 1602 Avenue D Katy, TX.
    What is the asking price?
    The asking price for this property is $4,990,000.
    What are key features of this property?
    This property features: - Net Rentable Area: ±16,069 SF Retail/Professional Center; - Land Size: ±3.96 Acres; - Parking Ratio: 3.85/1,000 SF leased
    (713) 830-2141
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    1602 Avenue D Katy, TX 77493
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    Katy, TX 77493
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1602 Avenue D Katy, TX 77493
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