3312 Schlipf Rd Katy, TX 77493
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.
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Third Coast Realty Real Estate Agency
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Triple C Soccer Gym & Fitness Center Sports Field & Court
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.