21720 Highland Knolls Dr Katy, TX 77450
- Specialty properties
- 10,440 SF
Current Use by Public Records
- U-Haul Neighborhood Dealer / Trailer Rental Service / Truck Rental Agency
- Stephanie Grendel Hair Designer / Hairdresser
Property Details for 21720 Highland Knolls Dr
- Property size
- 10,440 SF
- Property type
- Specialty properties
- Property subtype
- Mixed-use properties
Description
This exceptional investment opportunity presents a 10,440-square-foot commercial property situated on a 1.3-acre lot in Katy, Texas, at 21720 Highland Knolls Dr, 77450. The property, classified as Class B, is currently vacant and offered for sale with a leaseback option. The asking price is $2,600,000, translating to $249.04 per square foot. Features include stained concrete floors, high ceilings, an elevator, and ample parking for over 100 vehicles. The property enjoys convenient access to I-10 and the Grand Parkway, benefiting from strong demographics. Within a 5-mile radius, the population exceeds 298,795, with average household incomes exceeding $123,204. High traffic counts on Highland Knolls Drive (17,103 in 2018) further underscore the property's prime location. Owner financing is available. This mixed-use, special-purpose property is offered as a net lease (NN+) investment. The property is zoned for commercial use.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Katy
- County
- Harris
- State
- Texas
- Longitude
- -95.748
- Latitude
- 29.7591
