Property profile

D Franz Rd & Ave Katy, TX 77493

OFF-MARKET
Land
0.82 ac lot
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Property summary

AI-generated overview

This exceptional 0.82-acre commercial land parcel presents a remarkable investment opportunity in Katy, Texas. Situated at the northwest corner of Franz Road and Avenue D, this property enjoys a prime location within Houston's fastest-growing trade area. The site is ideally suited for development, offering a ±0.82-acre pad site adjacent to a quick-service restaurant. This presents a unique chance to capitalize on the area's high traffic volume and strong commercial activity. A key advantage is the availability of a ground lease, providing flexibility and potential cost savings for developers. Furthermore, the property benefits from cross-access with the neighboring HTeaO, enhancing visibility and accessibility for potential businesses. Located in Harris County, Texas, with a 77493 zip code, this property offers unparalleled convenience and exposure. The coordinates are 29.801505 latitude and -95.8250067 longitude. This is a rare opportunity to secure a well-positioned commercial lot in a thriving market. Don't miss out on this chance to build your business in a high-growth area.

Property profile

Verified
Property type Land
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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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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