5303 Katy Mills Cir, Katy, TX 77494
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.
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La Quinta Inn & Suites by Wyndham Katy Hotel & Motel
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
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No recorded transactions found for this property.
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Risks
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