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