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