Mixed-Use Buildings in Katy,
For Sale
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808 AVENUE B ST, Katy, TX
Three buildings with retail and automotive potential in Katy, TX.
Property Size7,544 SF
Lot Size0.26 Acres
Price / SF$106.04
Days on Market546
Property Features for 808 AVENUE B ST
General Information
Standard status
Active
Size
7,544 SF
Lot size
0.26 Acres
Property subtype
RETAIL
Listing Agency:
Graham & Company Realty Group
(469) 916-0030
Listed By:
Michael Weaster
(713) 875-8558
Source:
Moodyscre
Added: Apr 28, 2025
Changed: Oct 12
Last Checked: Oct 24 at 7:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Graham & Company Realty Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property includes three buildings. The first building, located at 2642 Napa, features a storefront with a glass front, double doors, one bathroom, an office, and a large open space. The second building is the old gas station situated on the corner, encompassing 1929 square feet and requiring significant renovations to be usable. The third building, facing 1st Street, is 2918 square feet. The restrooms in the building facing 1st Street and the old gas station may not be functional. The total property size is 7544 square feet. This property offers potential for various retail and automotive uses.
Key Highlights
- Includes three separate buildings on one property.
- The largest building offers a generous 2918 sq ft of space.
- The storefront building at 2642 Napa features a glass front, double doors, a bathroom, and an office.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,397
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,940
$767.9K
Cap Rate 7%
$548,529
$548.5K
Cap Rate 9%
$426,633
$426.6K
Market Conditions
NOI Build-Up for 7,544 SF
Gross rent
$58.5K $7.76/SF
− Vacancy
−$3.7K −$0.49/SF
EGI
$54.9K $7.27/SF
− OpEx
−$16.5K −$2.18/SF
NOI
$38.4K $5.09/SF
Area
Fort Bend County, TX
Vacancy
6.30%
Lease Rate
$7.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,940
Cap Rate 7%
$548,529
Cap Rate 9%
$426,633
Alternative Uses
Best Use
Specialty Retail
$1.56M
$1.37M – $1.82M
NOI $109,484 @ 7.0% cap · market cap 13.69%
Second Best
Retail
$1.46M
$1.28M – $1.70M
NOI $102,185 @ 7.0% cap · market cap 12.77%
Theoretical Best
Multifamily LT 5
$93.98M
$82.23M – $109.64M
NOI $6,578,586 @ 7.0% cap · market cap 822.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Gas station - Three buildings with retail and automotive potential in Katy, TX.
Where is this gas station located?
The property is located at 808 AVENUE B ST Katy, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Includes three separate buildings on one property.; The largest building offers a generous **2918 sq ft of space**.; The storefront building at 2642 Napa features a **glass front, double doors, a bathroom, and an office**.
