Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Nwc Of Kingsland Blvd And Main St Katy, TX 77494

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Katy location, high traffic counts.

    Property Features for 0 Nwc Of Kingsland Blvd And Main St

    General Information

    Property type
    Land
    Lot Size
    475,675 SF

    We can help!

    Listing Contact
    Glenn Dickerson
    Glenn Dickerson

    Listing Agency: NewQuest Properties Listing Agent: Glenn Dickerson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 10.92-acre commercial land parcel is strategically located in Katy's rapidly expanding Energy Corridor. The property boasts approximately 11,400 feet of frontage on Kingsland Boulevard, enjoying high visibility and accessibility with approximately 11,066 cars passing daily. Situated conveniently just half a mile south of I-10, this site offers unparalleled connectivity. Further enhancing its appeal, a new HEB grocery store is located directly north of the property, providing immediate proximity to a major retail anchor. The land is serviced by city water and sewer, simplifying development plans. Priced at $7.50 per square foot, this represents a compelling investment opportunity in the highly sought-after Katy Independent School District. The property's APN is 0292-00-008-1000-914. This is a rare chance to acquire a substantial tract of land in one of Houston's most dynamic growth areas. The asking price is $3,686,483.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Katy
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.823097727693
    Latitude
    29.769814577501

    Nearby Similar for Sale

    • $2,000,000
      7,200 SF

      Katy Retail Showroom with Warehouse

      7,200 SF retail showroom with warehouse space in Katy.
      1155 Mason Rd, Katy, TX 77450
      View Details
    • $850,000

      Katy Auto Shop For Sale

      Auto shop property in Katy's Old Towne neighborhood.
      5458 Roberts Rd, Katy, TX 77494
      View Details
    • $3,500,000
      16,900 SF

      Katy Retail Center Investment Opportunity

      Multi-tenant retail center in Katy, TX, 95% occupied.
      811 Avenue D, Katy, TX 77493
      View Details
    • $900,000
      7,544 SF

      Mixed-Use Buildings in Katy, Texas

      Three buildings with retail and automotive potential in Katy, TX.
      808 Ave B St, Katy, TX
      View Details
    • $4,990,000
      16,069 SF

      Retail Center in Katy, Texas

      Retail/Professional center with 16,069 SF net rentable area.
      1602 Avenue D, Katy, TX 77493
      View Details
    • $1,850,000

      Katy Warehouse with Large Lot

      6,000 SF warehouse on over half-acre lot in Old Katy.
      5305 5Th St, Katy, TX 77493
      View Details
    • Contact for pricing
      7,684 SF

      Retail Property on Fry Road

      Retail property with high visibility and strong traffic counts.
      2125 North Fry Rd, Katy, TX 77449
      View Details
    • $290,000

      Move-In Ready Townhouse with Upgrades

      Updated 3-bedroom townhouse with modern features and excellent location.
      25239 Bentley Glen Ln, Katy, TX 77494
      View Details
    • $900,000
      2,522 SF

      Mixed-Use Property with Metal Buildings

      Mixed-use property featuring a home and two metal buildings.
      1402 East Ave, Katy, TX 77493
      View Details
    • Contact for pricing

      Katy Multifamily Property Near Employers

      Ideally located near Katy's top employers with modern amenities.
      1330 Park West Green Dr, Katy, TX 77493
      View Details
    • $2,000,000

      Unrestricted Land in Prime Location

      10-acre unrestricted land with agricultural exemptions in a high-growth area.
      24200 Longenbaugh Rd, Katy, TX 77493
      View Details
    • $2,120,000

      Unrestricted Tract on Greenbusch Road

      3-acre unrestricted tract with frontage on Greenbusch Road.
      3116 Greenbusch Rd, Katy, TX 77494
      View Details

    FAQs

    What type of property is this?
    Land - Prime Katy location, high traffic counts.
    Where is this land located?
    The property is located at Nwc Of Kingsland Blvd And Main St Katy, TX.
    What is the asking price?
    The asking price for this property is $3,686,483.
    What are key features of this property?
    This property features: Strategically located in Katy's Energy Corridor, a high-growth area.; Adjacent to a new HEB grocery store.; Half-mile south of I-10 for excellent access.
    (281) 477-4384 Call to check price and availability
    Request Owner's contact information
    Nwc Of Kingsland Blvd And Main St Katy, TX 77494
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Nwc Of Kingsland Blvd And Main St
    Katy, TX 77494
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Nwc Of Kingsland Blvd And Main St Katy, TX 77494
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Glenn Dickerson
    Glenn Dickerson
    (281) 477-4384 (713) 252-0907 (281) 477-4300
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!