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    Pin Oak Rd & Katy Fwy Katy, TX 77494

    For Sale
    $9,321,840

    10.7 Acres, Prime Retail Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 10.7-acre development site presents a remarkable investment opportunity in Katy, Texas. Located at the northwest corner of the heavily trafficked intersection of Interstate 10 and Pin Oak Road, this C-2 zoned property offers unparalleled visibility and accessibility. Situated directly across from Katy Mills Mall and adjacent to American Furniture, the land benefits from its position within a thriving retail corridor surrounded by established office and residential developments. The property's strategic location in one of Houston's fastest-growing suburbs, northern Fort Bend County, ensures strong potential for future growth and high returns. The asking price is $9,321,840, translating to a land value of $20 per square foot. This prime location is only 28 miles west of Houston's central business district, providing easy access to a large and diverse population base. The property's zoning allows for a variety of commercial and retail uses, making it an ideal site for developers seeking to capitalize on the area's robust economic activity and significant population growth. With its substantial size and prime location, this property represents a rare opportunity to acquire a highly desirable development site in one of Houston's most dynamic and sought-after suburban markets. The property is in Harris County, Texas, with a zip code of 77494.

    Property Features for 0 Pin Oak Rd & Katy Fwy

    General Information

    Property type
    Land
    Lot Size
    466,092 SF

    HighLights

    • 10.7‑acre I‑10 (Energy Corridor) land parcel for sale in Katy, TX.
    • 28 miles west of Houston's Central Business District (CBD).
    • Prime I‑10 & Pin Oak Rd corner location, opposite Katy Mills Mall; high visibility near existing retail, office, and residential.
    • Excellent site for retail development in rapidly growing Katy, Fort Bend County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Katy
    County
    Harris
    State
    Texas
    Longitude
    -95.8190922
    Latitude
    29.7753334

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    FAQs

    What type of property is this?
    Land - 10.7 Acres, Prime Retail Location
    Where is this land located?
    The property is located at Pin Oak Rd & Katy Fwy Katy, TX.
    What is the asking price?
    The asking price for this property is $9,321,840.
    What are key features of this property?
    This property features: 10.7-acre I-10 (Energy Corridor) land parcel for sale in Katy, TX.; 28 miles west of Houston's Central Business District (CBD).; Prime I-10 & Pin Oak Rd corner location, opposite Katy Mills Mall; high visibility near existing retail, office, and residential.
    (713) 830-2131
    Request Owner's contact information
    Pin Oak Rd & Katy Fwy Katy, TX 77494
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    Katy, TX 77494
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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
    Pin Oak Rd & Katy Fwy Katy, TX 77494
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