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    Clay Rd @ Westfield Vlg Dr Katy, TX 77449

    Sponsored
    For Sale
    Contact for pricing

    Prime Katy location, ideal for retail development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.51-acre commercial land parcel presents a remarkable opportunity for retail development in the thriving Katy, Texas market. Situated at the intersection of Clay Road, Clay Business Drive, and Westfield Village Drive, this property boasts excellent visibility and accessibility. The tract features two signalized hard corners, providing optimal ingress and egress for customers. The owner will not subdivide the property, ensuring a cohesive development plan. Frontage measurements include approximately 455 feet on Clay Road, 530 feet on Clay Business Drive, and 534 feet on Westfield Village Drive. The location is strategically positioned 1.7 miles east of the Grand Parkway, offering convenient access to major transportation arteries. Utilities are provided by NWHCMUD #12. The surrounding area demonstrates strong demographics, with a 3-mile radius (2021 data) showing a population of 150,915, 45,694 total households, and an average household income of $97,962. This makes it an attractive location for businesses targeting a high-income demographic. This property is perfect for a large-scale retail development or a collection of retail pads. Don't miss this chance to acquire a premier commercial land site in one of Houston's fastest-growing areas.

    Property Features for 0 Clay Rd @ Westfield Vlg Dr

    General Information

    Property type
    Land
    Lot Size
    283,576 SF

    HighLights

    • 6.51‑acre commercial land parcel in Katy, TX, ideal for retail development.
    • High‑visibility location at the intersection of Clay Road, Clay Business Drive, and Westfield Village Drive, with two signalized hard corners.
    • Owner will not subdivide the 6.51‑acre tract.
    • Significant frontage: ~455' on Clay Road, ~530' on Clay Business Drive, ~534' on Westfield Village Drive.
    • Excellent access to Grand Parkway (1.7 miles east).
    • Strong demographics: 150,915 population, 45,694 households, $97,962 avg. household income (3‑mile radius, 2021 data).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Katy
    County
    Harris
    State
    Texas
    Longitude
    -95.729834551166
    Latitude
    29.831287482481

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    FAQs

    What type of property is this?
    Land - Prime Katy location, ideal for retail development.
    Where is this land located?
    The property is located at Clay Rd @ Westfield Vlg Dr Katy, TX.
    What are key features of this property?
    This property features: 6.51-acre commercial land parcel in Katy, TX, ideal for retail development.; High-visibility location at the intersection of Clay Road, Clay Business Drive, and Westfield Village Drive, with two signalized hard corners.; Owner will not subdivide the 6.51-acre tract.
    Request Owner's contact information
    Clay Rd @ Westfield Vlg Dr Katy, TX 77449
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    Katy, TX 77449
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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
    Clay Rd @ Westfield Vlg Dr Katy, TX 77449
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