Property profile

D Franz Rd & Ave Katy, TX 77493

OFF-MARKET
Land
1 SF 0.82 ac lot
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Property summary

AI-generated overview

This exceptional 0.82-acre commercial land parcel presents a unique investment opportunity in the thriving Katy, Texas market. Situated at the northwest corner of Franz Road and Avenue D, this single-tenant site enjoys a prime location within one of Houston's fastest-growing commercial areas. The property's convenient access and high visibility make it ideal for a variety of commercial uses. Its adjacency to a quick-service restaurant ensures high traffic and excellent exposure. The land is designated for commercial development, offering significant potential for building a new structure or expanding an existing business. Located in Harris County, with a 77493 zip code, this property boasts a strategic position within a dynamic and expanding commercial corridor. The 0.82-acre lot size provides ample space for development, allowing for flexibility in design and construction. This is a rare opportunity to acquire a well-positioned commercial land parcel in a high-demand area, offering significant long-term growth potential. The property's location at the intersection of Franz Road and Avenue D provides exceptional visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in the Katy market. Serious inquiries are encouraged.

Property profile

Verified
Property type Land
Total area 1 SF
Lot 0.82 ac (35,719 SF)

Cap rate & NOI

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

Location

D Franz Rd & Ave Katy, TX 77493
Katy metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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