Property profile

22515 Morton Ranch Rd Katy, TX 77449

OFF-MARKET
Land
2.07 ac lot
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Property summary

AI-generated overview

This exceptional 2.069-acre commercial land parcel presents a remarkable development opportunity in Katy, Texas, situated within Harris County. The property boasts a highly desirable location, offering 350 feet of frontage on Morton Ranch Road and an additional 220 feet of frontage on Elrod Road, providing multiple access points and curb cuts for optimal accessibility. Its shallow depth makes it suitable for a variety of commercial developments. The site is conveniently located in one of the fastest-growing trade areas within the Houston MSA, benefiting from heavy daytime traffic and a strong residential market. All utilities are readily available, and on-site detention is already in place, simplifying the development process. The property's APN is 1346750010002, and its address is 22515 Morton Ranch Rd, Katy, TX 77449. This "shovel-ready" site is perfectly positioned to capitalize on the significant growth and demand in this thriving area, making it an ideal investment for discerning developers. The property is being offered for sale by owner.

Property profile

Verified
Property type Land
Lot 2.07 ac (90,126 SF)

Cap rate & NOI

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

Location

22515 Morton Ranch Rd Katy, TX 77449
Katy metro
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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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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