Property summary
This exceptional 39,480-square-foot medical office building presents a unique investment opportunity in the thriving Katy, Texas market. Situated on a 39,480-square-foot lot, the property boasts excellent visibility and accessibility, with frontage on Kingsland Boulevard and Katy Mills Circle. Its strategic location places it just outside the bustling Katy Mills Mall, offering convenient access to a large consumer base and ample amenities. The property benefits from its proximity to major transportation arteries, including Interstate 10 and the Grand Parkway, ensuring easy commutes for both staff and patients. The asking price is $1,800,000, translating to a land value of $30 per square foot. This property is zoned for medical office use, as well as general governmental/public use and other professional office uses. The property may be purchased as a single, whole tract or divided into individual tracts, providing flexibility for various investment strategies. This presents a rare opportunity to acquire a substantial medical office building in a high-demand location with strong potential for growth and return on investment. The property is located in Harris County, Texas, with a Katy, TX 77494 zip code.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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