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Property profile & analytics
OFF-MARKET
Sports & entertainment properties

3312 Schlipf Rd Katy, TX 77493

9,600 SF
Property ID
Property summary
AI-generated overview

This exceptional 9,600-square-foot special purpose property in Katy, Texas, presents a unique investment opportunity. Located at 3312 Schlipf Rd, near Morton Road, in the North Katy submarket of West Houston (zip code 77493), this single-tenant building is ideal for a gymnasium, church, or other multi-purpose use. The space boasts two volleyball courts and three pickleball courts, making it perfect for athletic activities. A 12x12-square-foot office, laundry facilities (washer and dryer), and a mop sink with hot water tank are included. Restrooms feature four stalls each (men's and women's), plus two additional sinks. Ample storage is located above the restrooms, and four sets of benches provide seating for spectators or congregants. A welcoming reception area greets visitors. The property includes all utilities. Lease terms require a minimum three-year and maximum five-year commitment at $1.10 per square foot, totaling $10,750 per month, including NNN expenses. Additional lease conditions include flooring protection for church use, a prohibition on alcohol, operating hours to be determined (no activity after 10 PM), and permitted food trucks outside with generator use. This versatile property offers a strong return on investment in a thriving West Houston location.

Property profile
Verified
Property type Sports & entertainment properties
Total area 9,600 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
Current use
Occupant on record · Public records
  • Third Coast Realty Real Estate Agency
  • Triple C Soccer Gym & Fitness Center Sports Field & Court
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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