21918 Franz Rd Katy, TX 77449
This exceptional 0.64-acre parcel, located at 21918 Franz Rd in Katy, Texas (77449), presents a prime opportunity for a quick-service restaurant or full-service dining establishment. The property boasts a substantial 27,800 square feet of space, priced at $16.91 per square foot, for a total asking price of $470,000. Currently vacant, this pad site is ready for immediate development and features complete utility infrastructure and ample parking. Its strategic location on Franz Road, with approximately 13,616 vehicles passing daily, and its proximity to Mason Road (30,002 VPD), ensures high visibility and accessibility. The property is served by the Katy Independent School District. This is an ideal location to capitalize on the thriving Katy market, offering significant potential for a successful restaurant venture. The site's size and infrastructure make it suitable for a variety of restaurant concepts, from fast-food chains to upscale dining experiences. Don't miss this chance to secure a highly desirable restaurant location in a rapidly growing area. All utilities are available.
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
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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.