Property profile

0 Pin Oak Rd & Katy Fwy Katy, TX 77494

OFF-MARKET
Land
10.7 ac lot
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Property summary

AI-generated overview

This exceptional 10.7-acre development site presents a remarkable investment opportunity in Katy, Texas. Located at the northwest corner of the heavily trafficked intersection of Interstate 10 and Pin Oak Road, this C-2 zoned property offers unparalleled visibility and accessibility. Situated directly across from Katy Mills Mall and adjacent to American Furniture, the land benefits from its position within a thriving retail corridor surrounded by established office and residential developments. The property's strategic location in one of Houston's fastest-growing suburbs, northern Fort Bend County, ensures strong potential for future growth and high returns. The asking price is $9,321,840, translating to a land value of $20 per square foot. This prime location is only 28 miles west of Houston's central business district, providing easy access to a large and diverse population base. The property's zoning allows for a variety of commercial and retail uses, making it an ideal site for developers seeking to capitalize on the area's robust economic activity and significant population growth. With its substantial size and prime location, this property represents a rare opportunity to acquire a highly desirable development site in one of Houston's most dynamic and sought-after suburban markets. The property is in Harris County, Texas, with a zip code of 77494.

Property profile

Verified
Property type Land
Lot 10.7 ac (466,092 SF)

Cap rate & NOI

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

Location

Pin Oak Rd & Katy Fwy Katy, TX 77494
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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