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    OFF-MARKET
    Land

    1020 Texas Heritage Pkwy, Katy, TX 77494

    11.48 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 11.476-acre commercial land parcel presents a prime investment opportunity in Katy, Texas. Strategically located in West Houston, the property boasts convenient access to Interstate 10 via Texas Heritage Parkway at 1020 Texas Heritage Pkwy, 77494. The site is designated for commercial and light industrial development, with deed restrictions prohibiting multi-family or single-family residential construction. Utilities are readily available nearby, making this site ideal for immediate development. While approximately 4.1294 acres are within a designated floodplain, the substantial remaining acreage offers ample space for a variety of commercial projects. The property's size and location within a rapidly growing area of West Houston make it an attractive prospect for businesses seeking a strategic foothold in a thriving market. Detailed surveys and floodplain maps are available upon request. This is a rare opportunity to acquire a significant land holding in a highly desirable location with excellent access to major transportation arteries. Serious inquiries only.

    Property profile
    Verified
    Property type Land
    Lot 11.48 ac (499,895 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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