Building Details

Year Built 2022

Listing Agency: Grey Realty

Listed By: Veronica Grey · License #TX 777980

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 2:42PM

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Investment Insights

Based on property information with market context.

This retail space is part of new construction completed in 2022. The seller will complete tenant improvements for the property.

The site is positioned at the intersection of Grand Parkway and Morton Ranch Road in Katy, Texas, at 23135 Morton Ranch Rd.

Key Highlights

• New construction completed in 2022
• Seller will complete tenant improvements
• Located at Grand Parkway and Morton Ranch Road

Property Analytics

Property Profile

Current Use

CoinFlip Bitcoin ATM Atm La Machaka Tex-Mex Restaurant Family Foot SPA Alternative Medicine Practice Texan Mattress Katy Furniture & Home Goods Tailors Couture (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

460

Businesses Nearby

Explore this area Business Placement

Demographics for 77449, TX

128,180

Population

40,773

Households

3.1

Avg Household Size

32

Median Age

28%

College-Educated

86%

High-School Grad

27.0 sq mi

ZIP Area

4,747

Density / Sq Mi

$85,934

Median Household Income

$42,015

Median Earnings

$1,755

Median Rent

$236,400

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - New construction completed in 2022 at Grand Parkway and Morton Ranch Road, with seller-completed tenant improvements.

Where is this retail space located?

The property is located at 23135 Morton Ranch Rd Katy, TX.

What are key features of this property?

This property features: New construction completed in 2022; Seller will complete tenant improvements; Located at Grand Parkway and Morton Ranch Road