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Property profile

777 Cane Is Pkwy Katy, TX 77493

OFF-MARKET
Retail properties & Spaces
1,450 SF 0.6 ac lot Built 2024
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Property summary

AI-generated overview

This exceptional 1,450-square-foot retail property, situated on a 0.596-acre lot in Katy, Texas, presents a compelling investment opportunity. Completed in 2024, this single-story building boasts a prime location at the corner of Highway 90 and Cane Island Parkway, offering direct curb-cut access to Highway 90. The property features two main entrances, seventeen parking spaces, and a convenient drive-thru window, making it ideal for a variety of retail uses, including convenience stores, gas stations, or quick-service restaurants. Its strategic location directly across from the upscale Cane Island community, with homes valued between $200,000 and $1,000,000, ensures a substantial customer base. Within a five-mile radius, there are approximately 50,000 homes, providing ample market potential. Furthermore, the property's proximity to the Katy Freeway and a 24-hour Buc-ee's enhances its accessibility and appeal. The asking price is $1,200,000, translating to $827.59 per square foot. The property's APN is 257909. This is a rare chance to acquire a newly constructed, vacant retail building in a thriving Katy neighborhood. Don't miss this opportunity to capitalize on this high-demand location.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 1,450 SF
Lot 0.6 ac (25,962 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

777 Cane Is Pkwy Katy, TX 77493
Katy metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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