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    OFF-MARKET
    Land

    5303 Katy Mills Cir, Katy, TX 77494

    4.6 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4.6-acre commercial land parcel presents a remarkable investment opportunity in the thriving Katy, Texas market. Strategically situated between Kingsland Boulevard and Katy Mills Circle, the property boasts approximately 612 feet of frontage along Katy Mills Circle, offering unparalleled visibility and accessibility. Its prime location places it directly across from entrances 1 & 2 of the bustling Katy Mills Mall, surrounded by established businesses including the Aloft Hotel, Homewood Suites by Hilton, and La Quinta Inn & Suites by Wyndham. The property benefits from convenient access to Interstate 10 and the Grand Parkway 99, ensuring seamless connectivity throughout the region. Furthermore, the property is ideally positioned within the rapidly developing Katy Mills area, experiencing significant revitalization efforts, most notably the construction of the Katy Boardwalk District. This presents a unique chance to capitalize on the area's growth trajectory and become a part of this exciting transformation. The asking price for this exceptional property is $3,995,000. This land offers significant potential for a variety of commercial developments, making it an attractive investment for discerning buyers seeking a high-impact location in a dynamic market. Located in Fort Bend County, Texas, with a zip code of 77494, this property is ready for its next chapter.

    Property profile
    Verified
    Property type Land
    Lot 4.6 ac (200,376 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
    Current use
    Occupant on record · Public records
    • La Quinta Inn & Suites by Wyndham Katy Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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