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    Falcon Lndg Blvd & Westheimer Pkwy Katy, TX 77494

    Sponsored
    For Sale
    $1,217,391

    Katy, TX: Prime 0.5-acre Pad Site

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.501-acre commercial land parcel presents a unique investment opportunity in the thriving Katy, Texas market. Strategically located at the intersection of Falcon Landing Boulevard and Westheimer Parkway in the desirable Falcon Ranch community, this property boasts a prime pad site location directly adjacent to a Starbucks. The site benefits from the strong shadow anchor of a nearby Walmart Neighborhood Market, ensuring high visibility and consistent foot traffic. The surrounding area is characterized by affluent neighborhoods, providing a robust and stable customer base for any commercial development. Situated in Fort Bend County, Texas, with a 77494 zip code, this property offers easy access to major transportation arteries, making it an ideal location for a variety of commercial uses. The asking price is $1,217,391.30. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly growing area with excellent demographics and strong retail presence. The property's location offers significant potential for future appreciation and strong returns on investment. Serious inquiries are encouraged to explore this exceptional opportunity further.

    Property Features for 0 Falcon Lndg Blvd & Westheimer Pkwy

    General Information

    Property type
    Land
    Lot Size
    21,824 SF

    HighLights

    • Starbucks‑adjacent pad site.
    • Walmart Neighborhood Market shadow‑anchored location.
    • Located in affluent residential area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Katy
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.7909577
    Latitude
    29.7439322

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    FAQs

    What type of property is this?
    Land - Katy, TX: Prime 0.5-acre Pad Site
    Where is this land located?
    The property is located at Falcon Lndg Blvd & Westheimer Pkwy Katy, TX.
    What is the asking price?
    The asking price for this property is $1,217,391.
    What are key features of this property?
    This property features: Starbucks-adjacent pad site.; Walmart Neighborhood Market shadow-anchored location.; Located in affluent residential area.
    Request Owner's contact information
    Falcon Lndg Blvd & Westheimer Pkwy 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

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    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
    Falcon Lndg Blvd & Westheimer Pkwy Katy, TX 77494
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