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Property profile & analytics
OFF-MARKET
Land

0 Swc I-10 & Cobia Dr Katy, TX 77494

1.24 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.24 ac (54,014 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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