138-180 Applewhite Dr Katy, TX 77450
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.
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
Similar Nearby for Lease
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.