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    OFF-MARKET
    Land

    0 Star Ln & Katy Ml Cir, Katy, TX 77494

    1.49 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.493-acre commercial land parcel presents a remarkable development opportunity in the thriving Katy, Texas market. Located at the intersection of Star Lane and Katy Mills Circle, this cleared and level lot boasts significant frontage on both streets, offering approximately 212 feet on Star Lane and 221 feet on Katy Mills Circle. Public utilities are readily available at the site, simplifying the development process. The property's strategic corner location provides excellent visibility and accessibility. Its proximity to major thoroughfares, including Interstate 10, Katy Fort Bend Road, and the Grand Parkway, ensures convenient access for businesses and customers. Furthermore, this site benefits from its advantageous location adjacent to the popular Katy Mills Mall, the Boardwalk District, a convention center, and the Texas Typhoon Water Park, providing immediate access to a substantial consumer base and significant foot traffic. This prime commercial land is ideal for a wide range of development projects, offering exceptional potential for investors and developers seeking a high-impact location in a rapidly growing area of Houston's western suburbs. The lot's size and location make it suitable for various commercial uses, including retail, hospitality, or office developments. This is a rare opportunity to acquire a well-positioned commercial property in a highly desirable and rapidly developing area of Katy, Texas. The property is located in Fort Bend County, Texas, with a zip code of 77494.

    Property profile
    Verified
    Property type Land
    Lot 1.49 ac (65,035 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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