1020 Texas Heritage Pkwy, Katy, TX 77494
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.