0 Swc I-10 & Cobia Dr Katy, TX 77494
This exceptional 1.24-acre commercial land parcel presents a rare investment opportunity in Katy, Texas. Strategically located at the southwest corner of I-10 and Cobia Drive, this pad site benefits from unparalleled visibility to over 200,000 vehicles daily traveling between I-10 and the Grand Parkway. The property's prime location within a high-barrier-to-entry submarket of the Houston MSA ensures strong returns. The site is anchored by a Costco, maximizing exposure and attracting significant foot traffic. Nearby traffic generators include Academy Sports + Outdoors, Cinemark Theatres, Andretti Indoor Karting & Games, Home Run Dugout, PopStroke entertainment, the University of Houston Victoria campus, and Memorial Hermann Hospital Katy, further enhancing the site's desirability and potential. This location boasts a strong daytime population and high household incomes, creating a robust consumer base. The property is available for sale or lease, making it an ideal option for developers seeking a high-impact location within a thriving community. The property is situated in Fort Bend County, Texas, with a zip code of 77494. This is a unique opportunity to acquire a highly visible and strategically located commercial land 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
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.