99 And Franz Rd Katy, TX 77449
This exceptional commercial land offering presents a rare opportunity in Katy, Texas. Located at the northeast corner of SH 99 and Franz Road, these sites range from 4.65 to 8.22 acres and are part of a master-planned, deed-restricted park. The property boasts shovel-ready sites with regional detention and utilities already in place. New roads, complete with curbs and gutters, ensure easy access and navigation. Importantly, these sites are situated outside the 100- and 500-year floodplains, mitigating risk. Direct access to SH 99 is provided via on/off ramps in both directions, offering unparalleled convenience. Franz Road represents the last toll-free exit on SH 99 heading north, further enhancing accessibility. The location is strategically positioned just 1.2 miles north of I-10, providing excellent connectivity to major transportation arteries. This development, a collaborative effort, is ideal for build-to-suit or design-build projects, catering to a variety of commercial needs, including office, medical, lab/R&D, and corporate headquarters. The meticulously planned infrastructure and prime location make this an exceptional investment opportunity. The property's zoning and specific permitted uses should be verified independently.
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
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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.