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    00 Peek Rd Katy, TX 77449

    Sponsored
    For Sale
    $2,702,426

    3.03 Acres, High Traffic Location, Excellent Investment

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 3.03-acre commercial land parcel in Katy, Texas, presents a compelling investment opportunity or ideal site for an owner-occupied facility. Strategically located near the intersection of Peek Road and the Grand Parkway in Harris County (APN 1397660010008), this property boasts two curb cuts and roundabouts, ensuring convenient access and high visibility. All utilities are readily available, and offsite drainage is already in place, simplifying development. The property's prime location benefits from the proximity to a new, large Amazon facility, promising significant traffic flow and increased visibility for any business established here. The asking price is $2,702,426.60, translating to a land value of $20.80 per square foot. While the seller may consider subdividing the land, it's important to note that the price per square foot would increase in such a scenario. The property's zoning and potential uses should be verified independently. This is a rare opportunity to acquire a well-situated commercial lot with exceptional potential for growth and return on investment in a thriving Texas market. The zip code is 77449. Contact us today to learn more about this remarkable property and explore its possibilities.

    Property Features for 00 Peek Rd

    General Information

    Property type
    Land
    Lot Size
    131,987 SF

    HighLights

    • 3.03‑acre commercial land parcel in Katy, TX (77449).
    • Prime location near Peek Road and Grand Parkway intersection in Harris County (APN 1397660010008).
    • Two curb cuts and roundabouts provide excellent access and visibility.
    • All utilities available; offsite drainage complete.
    • Proximity to a new, large Amazon facility.
    • $2,702,426.60 asking price; $20.80/SF land value.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Katy
    County
    Harris
    State
    Texas
    Longitude
    -95.771837775431
    Latitude
    29.821431982907

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    FAQs

    What type of property is this?
    Land - 3.03 Acres, High Traffic Location, Excellent Investment
    Where is this land located?
    The property is located at 00 Peek Rd Katy, TX.
    What is the asking price?
    The asking price for this property is $2,702,426.
    What are key features of this property?
    This property features: 3.03-acre commercial land parcel in Katy, TX (77449).; Prime location near Peek Road and Grand Parkway intersection in Harris County (APN 1397660010008).; Two curb cuts and roundabouts provide excellent access and visibility.
    Request Owner's contact information
    00 Peek Rd 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
    00 Peek Rd Katy, TX 77449
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