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    19304 Katy Fwy Houston, TX 77084
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    19304 Katy Fwy, Houston, TX 77084

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    • Lifestyle centers
    • 14,000 SF
    • 2.00 lot acres
    Katy Fwy Medical/Retail Center For Sale
    $8,000,000
    14,000 SF

    Katy Fwy Medical/Retail Center

    New Construction, High-Growth Area

    19304 Katy Fwy, Houston, TX 77084
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    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Urgent Care / Medical Clinic
    • Excel Urgent Care Katy / Medical Clinic

    Property Details for 19304 Katy Fwy

    Year built
    2024
    Lot size
    2.00 lot acres
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional 14,000 square foot medical and retail building, constructed in 2024, is situated on a 2-acre lot at 19304 Katy Fwy, Houston, TX 77084, in Harris County. The multi-tenant property boasts 63 parking spaces and currently has 29% occupancy. A significant anchor tenant, Excel Urgent Care, occupies a portion of the space under a 10-year lease with a 3% annual rent increase. This presents a compelling opportunity for an owner-user or investor seeking a value-add proposition. The property enjoys a prime location on Interstate 10, benefiting from high traffic volume exceeding 200,000 vehicles per day at Greenhouse Road (nearly 28,000 VPD). Its proximity to Houston's Energy Corridor, a major business district housing over 20% of Houston's Fortune 500 companies, further enhances its appeal. The surrounding area features a vibrant mix of established businesses, including Shake Shack, CAVA, Tim Horton's, Ideal Dental, At Home, LA Fitness, and numerous restaurants. A forthcoming Plucker's Wing Bar adds to the growing commercial activity. The property benefits from a high average household income exceeding $100,000 within 1, 3, and 5-mile radii. The asking price for this strategically located property is $8,000,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.708
    Latitude
    29.7862
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