777 Cane Is Pkwy Katy, TX 77493
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.
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.
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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.