Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2211 Fry Rd Houston, TX 77449

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2211 Fry Rd Houston, TX 77449

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 2211 Fry Rd

    Property type
    Retail properties & Spaces

    Description

    Mayde Creek Village offers 2,800 square feet of available second-generation retail space for lease in Katy, Texas. Located at 2211 Fry Rd, this single-story property is part of a 13-suite retail center situated at the southwest corner of Fry Road and Saums Road. The high-traffic intersection provides excellent visibility and accessibility for businesses. The space is divisible to a minimum of 1,400 square feet, offering flexibility for various retail concepts. This established retail center benefits from a strong trade area with a dense population. Pylon signage opportunities are available to enhance brand visibility. The property enjoys convenient access to major thoroughfares, including Interstate 10 and the Grand Parkway, ensuring easy commutes for both employees and customers. This location presents a compelling opportunity for businesses seeking high visibility and a strong customer base in a thriving Katy community. The available space is ideal for a variety of retail uses, and interested parties are encouraged to inquire about lease terms and availability.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.7197
    Latitude
    29.7993

    Comparable in this City

    • Value Estimation by Request
      18,000 SF

      23030 Stockdick School Rd

      Retail properties & Spaces • 18,000 SF
      23030 Stockdick School Rd, Katy, TX 77449
      View Details
    • Value Estimation by Request
      29,165 SF

      23115 Morton Ranch Rd

      Day care centers • 29,165 SF
      23115 Morton Ranch Rd, Katy, TX 77449
      View Details
    • Value Estimation by Request
      14,262 SF

      5828 Fry Rd

      Retail properties & Spaces • 14,262 SF
      5828 Fry Rd, Katy, TX 77449
      View Details
    • Value Estimation by Request
      27,800 SF

      21918 Franz Rd

      Restaurants • 27,800 SF
      21918 Franz Rd, Katy, TX 77449
      View Details
    • Value Estimation by Request

      Cane Is Pkwy. & Kingsland Blvd

      Land
      0 Cane Is Pkwy. & Kingsland Blvd, Katy, TX 77449
      View Details
    • Value Estimation by Request
      205,813 SF

      20290 Katy Fwy

      Restaurants • 205,813 SF
      20290 Katy Fwy, Katy, TX 77449
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Fry Road Commercial Land Available

      Multiple tracts for sale or lease at Fry Road.
      4230 N Fry Rd, Katy, TX 77449
      View Details
    • Contact for pricing

      Retail Development Opportunity on 0.84 Acres

      Prime corner location in a high-growth Houston retail corridor.
      19901 W Little York Rd, Katy, TX 77449
      View Details
    • Contact for pricing
      405,979 SF

      Clay Road @ Bridgewater Meadow Dr, Katy, TX 77449

      Commercial land • 405,979 SF
      Clay Rd @ Bridgewater Mdw Dr, Katy, TX 77449
      View Details
    • Contact for pricing
      201,683 SF

      Katy Commercial Land For Sale

      User-ready commercial land with easy access to major highways.
      Clay Rd @ Bridgewater Mdw Dr, Katy, TX 77449
      View Details
    • $4,499,999
      4,242 SF

      Express Car Wash Opportunity

      Express car wash for sale in high-growth Houston market.
      19533 Clay Rd, Katy, TX 77449
      View Details
    • Contact for pricing

      Grocery Anchored Shopping Center Land

      Land intended for a grocery anchored shopping center.
      Katy TX Clay Rd @ Westgreen Blvd, Katy, TX 77449
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space for Lease

      Retail and restaurant spaces available for lease.
      6037 N Fry Rd, Katy, TX 77449
      View Details
    • Contact for pricing

      Retail Space I-10 Frontage

      Retail space with high visibility and easy highway access.
      1230 N Mason Rd, Katy, TX 77449
      View Details
    • Contact for pricing

      Retail and Office Space Available

      Commercial spaces for rent with high traffic exposure.
      19560 Clay Rd, Katy, TX 77449
      View Details
    • Contact for pricing

      Retail Space on Barker Cypress

      Retail space with high visibility and traffic in Katy.
      6211 Barker Cypress Rd, Katy, TX 77449
      View Details
    • Contact for pricing

      Retail Space at Fry Road

      Retail space available at a signalized intersection in Katy, TX.
      2211 Fry Rd, Katy, TX 77449
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space available for lease in Katy, Texas.
      5828 N Fry Rd, Katy, TX 77449
      View Details
    Request Owner's contact information
    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.
    2211 Fry Rd
    Houston, TX 77449
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!