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    11309 Katy Fwy Houston, TX 77079

    Strip malls Google Maps
    27,686 SF 0.7 ac lot Built 1972
    Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
    11309 Katy Fwy, Houston, TX 77079 For Lease
    Contact for pricing 15,108 SF available
    11309 Katy Fwy, Houston, TX 77079
    View Listing →
    Estimated value (blended)
    $680k
    Range $612k – $748k (±10%)
    Property ID US82-4487098

    Property summary

    AI-generated overview

    Katy Plaza, located at 11309 Katy Fwy, Houston, TX 77079, offers exceptional retail space in a prime location. This single-story, 15,008 square foot building, renovated in 2015, sits on a 50,189 square foot lot and boasts 74 parking spaces. Currently, 2,455 square feet are available, divisible into units as small as 1,000 square feet, with a maximum contiguous space of 1,455 square feet. The property benefits from its high-traffic location on the Katy Freeway (I-10), between Wilcrest and Kirkwood, experiencing 369,348 vehicles daily. A prominent 42-foot pylon sign enhances visibility. Its proximity to the Energy Corridor, City Centre, and Memorial City Mall ensures a strong customer base. Built in 1972, the property is ideal for restaurants, medical offices, retail businesses, or salons. The property's multiple suite configuration offers flexibility for various business needs. This location provides excellent access and visibility for businesses seeking a thriving retail environment in a densely populated area of Houston. The cross street is Yorkchester Drive.

    Property profile

    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1972
    Construction STEEL FRAME
    Total area 27,686 SF
    Lot 0.7 ac (30,636 SF)
    APN 985580000025
    UPID US82-4487098

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    $775k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $587k
    Blend (final) Blend
    $680k

    Owner & transaction history

    since 2017
    1 recorded transaction
    2017
    Price N/A

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $635,000
      25,810 SF
      14079 Memorial Dr
      SHOPPING CENTER, STRIP CENTER
      14079 Memorial Dr, Houston, TX 77079-6826
      View Details
    • Value Estimation
      $895,000
      55,585 SF
      14344 Memorial Dr
      SHOPPING CENTER, STRIP CENTER
      14344 Memorial Dr, Houston, TX 77079-6700
      View Details
    • Value Estimation
      $755,000
      27,144 SF
      10855 Katy Fwy
      SHOPPING CENTER, STRIP CENTER
      10855 Katy Fwy, Houston, TX 77079
      View Details
    • Value Estimation
      $405,000
      10,795 SF
      803 Hwy 6th S
      SHOPPING CENTER, STRIP CENTER
      803 Hwy 6th S, Houston, TX 77079-4040
      View Details
    • Value Estimation
      $625,000
      13,073 SF
      840 Eldridge Pkwy
      SHOPPING CENTER, STRIP CENTER
      840 Eldridge Pkwy, Houston, TX 77079-2704
      View Details
    • Value Estimation
      $625,000
      29,260 SF
      1001 Dairy Ashford Rd
      SHOPPING CENTER, STRIP CENTER
      1001 Dairy Ashford Rd, Houston, TX 77079-4602
      View Details

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    • New
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    • $1,550,000
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    • Contact for pricing
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    • New
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    Similar Nearby for Lease

    • New
      Contact for pricing
      Retail Space in High-Traffic Center
      Retail space available in a busy Houston shopping center.
      14000 Memorial Drive, Houston, TX 77079
      View Details
    • New
      Contact for pricing
      126,600 sqft
      Retail Space on Katy Freeway
      Shopping center with I-10 frontage in the Energy Corridor.
      12121-12191 Katy Freeway, Houston, TX 77079
      View Details
    • New
      Contact for pricing
      7,433 sqft
      Retail Center with I-10 Access
      Retail center offering I-10 frontage and approximately 529 parking spaces, positioned near City Centre and Memorial City.
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    • New
      Contact for pricing
      1,500 sqft
      Memorial Drive Retail/Office Pad Site
      Prime 1,500 SF space in high-income Houston area.
      14501 Memorial Dr, Houston, TX 77079
      View Details
    • New
      Contact for pricing
      Retail and Office Space Available
      Located at N Kirkwood Rd and Memorial Dr, Houston, TX.
      14001 Memorial Dr, Houston, TX 77079
      View Details
    • New
      Contact for pricing
      15,108 sqft
      Retail Redevelopment on Katy Freeway
      Retail space for lease in high-traffic Houston location.
      11309 Katy Fwy, Houston, TX 77079
      View Details
    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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