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    Retail properties & Spaces

    0 Swc Of Clay Rd & Pitts Rd, Katy, TX 77493

    2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2-acre commercial land parcel presents a remarkable development opportunity in the thriving Katy, Texas market. Situated at the southwest corner of Clay Road and Pitts Road in Fort Bend County, zip code 77493, this property boasts 295 feet of frontage on both Clay and Pitts Roads, experiencing approximately 2,500 and 1,077 cars per day respectively. The 1.672 net usable acres (with an additional 0.329 acres in the right-of-way) are ideally positioned within a high-demand area, benefiting from a dense population of over 36,000 people and 11,500 households within a 3-mile radius, exhibiting a robust 4% annual growth rate. The location is further enhanced by its adjacency to several established master-planned communities: Sunterra, Lake House, and August Lakes. Convenient access to major transportation arteries is ensured with proximity to I-10 (3.4 miles) and the Grand Parkway (4.7 miles). The potential for expansion exists with adjacent land potentially available for acquisition. This prime location and strong demographics make this property an exceptional investment for discerning developers seeking a foothold in one of the nation's fastest-growing communities.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 2 ac (87,120 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
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    Permitted uses
    Allowed · conditional · prohibited
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