Katy TX Clay Rd @ Westgreen Blvd Katy, TX 77449
This exceptional 27.62-acre commercial land parcel presents a unique investment opportunity in the thriving Katy, Texas market. Ideally situated at the intersection of Clay Road and Westgreen Boulevard, this property boasts significant frontage: approximately 1,700 feet on Clay Road and 723 feet on Westgreen Boulevard. The seller will not subdivide this expansive tract, making it perfect for a large-scale development. The intended use is a grocery-anchored shopping center, catering to the substantial surrounding population. Utilities are readily available, provided by NWHCMUD 12. This location offers unparalleled access and visibility, situated just 1.2 miles east of the Grand Parkway and benefiting from a full intersection at Clay Road and the Grand Parkway. The immediate area boasts a strong demographic profile, with a 3-mile radius encompassing a population of 129,934, 38,413 total households, and an average household income of $92,034. This prime location and substantial acreage make this property an exceptional opportunity for developers seeking to establish a significant retail presence in a high-growth area of Katy, Texas, zip code 77449.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.