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Property profile & analytics
OFF-MARKET
Neighborhood centers

138-180 Applewhite Dr Katy, TX 77450

21,190 SF Built 1978
Property ID
Property summary
AI-generated overview

This 21,190 square foot strip center, situated on a 1.7-acre lot at 138-180 Applewhite Drive in Harris County, presents a compelling investment opportunity. Built in 1978, the property enjoys a convenient location near the I-10 frontage road. Currently, the center houses a diverse mix of established tenants including Nere Kitchen Express, Katy Music Studio, First Steps Child Care, Bella Kara Salon, and X-Collusive Barber Shop. One retail space, measuring 1,296 square feet, is immediately available for lease. The property offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. This established center provides a strong foundation for future growth and profitability within a thriving community. The property's size and tenant mix offer a stable income stream with potential for further development or expansion. Interested parties are encouraged to review the aerial map for a comprehensive view of the property and its surroundings.

Property profile
Verified
Property type Neighborhood centers
Year built 1978
Total area 21,190 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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