5630 Pitts Rd Katy, TX 77493
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.
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
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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.