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    OFF-MARKET
    Retail properties & Spaces

    0 Undefined Tx, Katy, TX 77493

    19,500 SF 4.38 ac lot Built 2025
    Property ID
    Property summary
    AI-generated overview

    The Shops at Katy Lakes offers an exceptional retail opportunity in a rapidly developing area of Harris County. This brand-new, single-story development, completed in 2025, boasts a total of 19,500 square feet of retail space, available in units ranging from a minimum of 1,200 square feet to a maximum contiguous space of 19,500 square feet. The property sits on a sizable 4.38-acre lot at the highly visible southeast corner of FM-529/Freeman Rd and Katy-Hockley Cut-Off, ensuring excellent visibility and accessibility. This strategic location is poised for significant growth, benefiting from its proximity to a new educational complex (high school, junior high, and elementary school) opening in Fall 2024, approximately one mile away. Furthermore, the development is directly across from Elyson, a large 3,600-acre master-planned community projected to include over 6,200 homes upon completion. This substantial residential development will provide a significant and expanding customer base for the Shops at Katy Lakes. The property is ideal for a variety of retail uses, offering flexible space options to accommodate diverse business needs. Multiple tenancy is available. Don't miss this chance to secure a prime retail location in one of Katy's fastest-growing areas.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2025
    Total area 19,500 SF
    Lot 4.38 ac (190,793 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
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    Owner & transaction history
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