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    Morton Rnch Rd & Grand Pkwy Katy, TX

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    For Sale
    Contact for pricing

    2.4-acre development site near Grand Morton Town Center.

    Property size:
    77,687 SF
    Lot size:
    6.27 Acres

    Property Features for Morton Rnch Rd & Grand Pkwy

    General Information

    Size
    77,687 SF
    Lot size
    6.27 Acres

    Source: NewQuest Properties Agent Rebecca Le

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

    Overview

    Development Land Near Grand Parkway

    This 2.4-acre development site is conveniently located off Grand Parkway and neighbors the 91-acre Grand Morton Town Center, which includes Class A office complexes. The property offers high accessibility for individuals traveling to the I-10 Energy Corridor. A new KISD elementary school, middle school, and high school with a total of 4,300 students are located nearby.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Katy
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.7510475
    Latitude
    29.8260177

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    FAQs

    What type of property is this?
    Land - 2.4-acre development site near Grand Morton Town Center.
    Where is this land located?
    The property is located at Morton Rnch Rd & Grand Pkwy Katy, TX.
    What are key features of this property?
    This property features: - Highly accessible location off Grand Parkway.; - Neighboring Grand Morton Town Center shopping center and Class A office complexes.; - 2.4-acre development site.
    (281) 477-4327
    Request Owner's contact information
    Morton Rnch Rd & Grand Pkwy Katy, TX
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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
    Morton Rnch Rd & Grand Pkwy Katy, TX
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