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    Katy TX Clay Rd @ Westgreen Blvd Katy, TX 77449

    For Sale
    Contact for pricing

    Grocery-anchored center opportunity. Prime Katy location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 27.62-acre commercial land parcel presents a unique investment opportunity in the thriving Katy, Texas market. Ideally situated at the intersection of Clay Road and Westgreen Boulevard, this property boasts significant frontage: approximately 1,700 feet on Clay Road and 723 feet on Westgreen Boulevard. The seller will not subdivide this expansive tract, making it perfect for a large-scale development. The intended use is a grocery-anchored shopping center, catering to the substantial surrounding population. Utilities are readily available, provided by NWHCMUD 12. This location offers unparalleled access and visibility, situated just 1.2 miles east of the Grand Parkway and benefiting from a full intersection at Clay Road and the Grand Parkway. The immediate area boasts a strong demographic profile, with a 3-mile radius encompassing a population of 129,934, 38,413 total households, and an average household income of $92,034. This prime location and substantial acreage make this property an exceptional opportunity for developers seeking to establish a significant retail presence in a high-growth area of Katy, Texas, zip code 77449.

    Property Features for Katy TX Clay Rd @ Westgreen Blvd

    General Information

    Property type
    Land
    Lot Size
    1,203,127 SF

    HighLights

    • 27.62‑acre commercial land parcel in Katy, TX.
    • High visibility location at Clay Road & Westgreen Boulevard with significant frontage (approx. 1,700 ft on Clay Road, 723 ft on Westgreen).
    • Will not be subdivided; ideal for large‑scale development (grocery‑anchored shopping center).
    • Utilities available via NWHCMUD 12.
    • Excellent access: 1.2 miles east of Grand Parkway, full intersection at Clay Road and Grand Parkway.
    • Strong demographics: 129,934 population, 38,413 households, $92,034 avg. household income within a 3‑mile radius.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Katy
    County
    Harris
    State
    Texas
    Longitude
    -95.740251718843
    Latitude
    29.831817009218

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    FAQs

    What type of property is this?
    Land - Grocery-anchored center opportunity. Prime Katy location.
    Where is this land located?
    The property is located at Katy TX Clay Rd @ Westgreen Blvd Katy, TX.
    What are key features of this property?
    This property features: 27.62-acre commercial land parcel in Katy, TX.; High visibility location at Clay Road & Westgreen Boulevard with significant frontage (approx. 1,700 ft on Clay Road, 723 ft on Westgreen).; Will not be subdivided; ideal for large-scale development (grocery-anchored shopping center).
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    Katy TX Clay Rd @ Westgreen Blvd 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
    Katy TX Clay Rd @ Westgreen Blvd Katy, TX 77449
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