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    OFF-MARKET
    Specialty properties

    0 Kingsland Blvd, Katy, TX 77494

    39,480 SF
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Specialty properties
    Total area 39,480 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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