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Property profile & analytics
OFF-MARKET
Lifestyle centers

19304 Katy Fwy Houston, TX 77084

14,000 SF 2 ac lot Built 2024
Property ID
Property summary
AI-generated overview

This exceptional 14,000 square foot medical and retail building, constructed in 2024, is situated on a 2-acre lot at 19304 Katy Fwy, Houston, TX 77084, in Harris County. The multi-tenant property boasts 63 parking spaces and currently has 29% occupancy. A significant anchor tenant, Excel Urgent Care, occupies a portion of the space under a 10-year lease with a 3% annual rent increase. This presents a compelling opportunity for an owner-user or investor seeking a value-add proposition. The property enjoys a prime location on Interstate 10, benefiting from high traffic volume exceeding 200,000 vehicles per day at Greenhouse Road (nearly 28,000 VPD). Its proximity to Houston's Energy Corridor, a major business district housing over 20% of Houston's Fortune 500 companies, further enhances its appeal. The surrounding area features a vibrant mix of established businesses, including Shake Shack, CAVA, Tim Horton's, Ideal Dental, At Home, LA Fitness, and numerous restaurants. A forthcoming Plucker's Wing Bar adds to the growing commercial activity. The property benefits from a high average household income exceeding $100,000 within 1, 3, and 5-mile radii. The asking price for this strategically located property is $8,000,000.

Property profile
Verified
Property type Lifestyle centers
Year built 2024
Total area 14,000 SF
Lot 2 ac (87,120 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Urgent Care Medical Clinic
  • Excel Urgent Care Katy Medical Clinic
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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