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    138-180 Applewhite Dr Katy, TX 77450

    Sponsored
    For Lease
    $16 SF/Yr

    1,296 sq ft available in Katy, TX

    Lot size:
    21,190 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 21,190 square foot strip center, situated on a 1.7-acre lot at 138-180 Applewhite Drive in Harris County, presents a compelling investment opportunity. Built in 1978, the property enjoys a convenient location near the I-10 frontage road. Currently, the center houses a diverse mix of established tenants including Nere Kitchen Express, Katy Music Studio, First Steps Child Care, Bella Kara Salon, and X-Collusive Barber Shop. One retail space, measuring 1,296 square feet, is immediately available for lease. The property offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. This established center provides a strong foundation for future growth and profitability within a thriving community. The property's size and tenant mix offer a stable income stream with potential for further development or expansion. Interested parties are encouraged to review the aerial map for a comprehensive view of the property and its surroundings.

    Property Features for 138-180 Applewhite Dr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,190 SF
    Total Rate
    29136.25

    Building Details

    Year Built
    1978

    Unit(s) available at that property

    Space
    Suite 144
    Size
    1,296 SF
    Rate per SF
    $16

    HighLights

    • Retail strip center totaling 21,190 square feet.
    • Located on a 1.7‑acre lot in Harris County.
    • Built in 1978.
    • Currently features multiple tenants, including Nere Kitchen Express, Katy Music Studio, First Steps Child Care, Bella Kara Salon, and X‑Collusive Barber Shop.
    • One 1,296 square foot retail space is currently available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Katy
    County
    Harris
    State
    Texas
    Longitude
    -95.7546483
    Latitude
    29.7836562

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    FAQs

    What type of property is this?
    Neighborhood center - 1,296 sq ft available in Katy, TX
    Where is this neighborhood center located?
    The property is located at 138-180 Applewhite Dr Katy, TX.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: Retail strip center totaling 21,190 square feet.; Located on a 1.7-acre lot in Harris County.; Built in 1978.
    Request Owner's contact information
    138-180 Applewhite Dr Katy, TX 77450
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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
    138-180 Applewhite Dr Katy, TX 77450
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