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Property profile & analytics
OFF-MARKET
Land

5630 Pitts Rd Katy, TX 77493

8.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional commercial and industrial land offering presents a unique development opportunity in the thriving Katy, Texas market. The property encompasses a sizable area ranging from approximately 8.5 to 19.38 acres, providing ample space for a variety of projects. Situated on Pitts Road, the land boasts approximately 525 square feet of frontage, ensuring high visibility and accessibility. The property currently benefits from an agricultural exemption. The location offers significant advantages, including proximity to the new Sunterra community and other burgeoning residential developments, creating a strong potential customer base. The property is zoned to allow for retail or flex space development, catering to a wide range of commercial needs. Utilities, including MUD and CCN, are readily available nearby. While detention requirements exist, the substantial lot size readily accommodates these needs. The property is located within Harris County and the Katy Independent School District, enjoying a favorable 2023 tax rate of $1.74 per $100 of assessed value. A comprehensive demographic package is available for serious inquiries. Note that the property includes approximately 11 acres with an existing 2,301 square foot house. This presents an additional opportunity for adaptive reuse or potential demolition to maximize development potential. This is a rare opportunity to acquire a large, well-located parcel in one of Houston's fastest-growing areas.

Property profile
Verified
Property type Land
Lot 8.5 ac (370,260 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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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