Move-In-Ready Office
For Sale
Contact for pricing
1526 Katy Gap Road, Katy, TX 77494
Configured for office or medical use with furnishings and operational equipment available.
Property Size1,237 SF
Price / SF$343.57
Days on Market76
Property Features for 1526 Katy Gap Road
General Information
Standard status
Active
Size
1,237 SF
Property subtype
OFFICE
Additional Details
Furnished
Yes
Listing Agency:
RE/MAX Real Estate Assoc.
(713) 784-4663
Listed By:
Lou Rosas · License #0557020
(713) 576-9222
Source:
Moodyscre
Added: Aug 2
Changed: Oct 5
Last Checked: Oct 16 at 9:31AM
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 RE/MAX Real Estate Assoc.
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Investment Insights
Based on property information with market context.
The property is a 1,237-square-foot office unit at 1526 Katy Gap Road in Katy, Texas. The space is identified for office and medical office use and is described as move-in ready.
Furniture, televisions, appliances, cameras, and a security system are associated with the offering, subject to transaction terms. The property is located in the Katy, TX 77494 area.
Furniture, televisions, appliances, cameras, and a security system are associated with the offering, subject to transaction terms. The property is located in the Katy, TX 77494 area.
Key Highlights
- 1,237‑square‑foot office/medical unit
- Furniture, TVs, and appliances available
- Cameras and security system included or separately negotiable
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,569
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,380
$411.4K
Cap Rate 7%
$293,843
$293.8K
Cap Rate 9%
$228,544
$228.5K
Market Conditions
NOI Build-Up for 1,237 SF
Gross rent
$36.7K $29.64/SF
− Vacancy
−$2.4K −$1.93/SF
EGI
$34.3K $27.71/SF
− OpEx
−$13.7K −$11.09/SF
NOI
$20.6K $16.63/SF
Area
Fort Bend County, TX
Vacancy
6.50%
Lease Rate
$29.64 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,380
Cap Rate 7%
$293,843
Cap Rate 9%
$228,544
Alternative Uses
Best Use
Healthcare Medical
$293.8K
$257.1K – $342.8K
NOI $20,569 @ 7.0% cap · market cap 4.84%
Second Best
Office B
$245.9K
$215.2K – $286.9K
NOI $17,216 @ 7.0% cap · market cap 4.05%
Theoretical Best
Multifamily LT 5
$15.41M
$13.48M – $17.98M
NOI $1,078,700 @ 7.0% cap · market cap 253.81%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
242
Businesses Nearby
Explore this area
Business Placement
Demographics for 77494, TX
130,872
Population
44,520
Households
2.9
Avg Household Size
35
Median Age
66%
College-Educated
96%
High-School Grad
37.9 sq mi
ZIP Area
3,453
Density / Sq Mi
$146,105
Median Household Income
$68,773
Median Earnings
$2,044
Median Rent
$450,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Configured for office or medical use with furnishings and operational equipment available.
Where is this office units located?
The property is located at 1526 Katy Gap Road Katy, TX.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1,237‑square‑foot office/medical unit; Furniture, TVs, and appliances available; Cameras and security system included or separately negotiable
