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    OFF-MARKET
    Land

    0 Swq I-10 & Cobia Dr, Katy, TX 77494

    1.24 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional ±1.24-acre commercial land parcel presents a unique investment opportunity in the thriving Katy, Texas market. Strategically located at the intersection of I-10 and Cobia Drive in Fort Bend County, this pad-ready site boasts unparalleled visibility and accessibility. The property benefits from its location within a high-traffic, super-regional intersection, experiencing over 200,000 vehicles daily between I-10 and the Grand Parkway. This prime location is anchored by a Costco, ensuring consistent high traffic volume and strong consumer draw. The surrounding area features a robust mix of established businesses, including Academy, Cinemark, Andretti Indoor Karting & Games, Home Run Dugout, PopStroke, University of Houston Victoria, and Memorial Hermann Hospital Katy, further enhancing the site's desirability and potential. The site's location within a high barrier-to-entry submarket of the Houston MSA contributes to its long-term value and investment potential. The property's strong demographics, characterized by high household incomes and a substantial daytime population, create a favorable environment for a wide range of commercial developments. This is a rare opportunity to acquire a well-positioned pad site in a rapidly growing area with exceptional visibility and access. The zip code for this property is 77494.

    Property profile
    Verified
    Property type Land
    Lot 1.24 ac (54,014 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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