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Property profile & analytics
OFF-MARKET Estimated value $2,235,000
Office buildings

11700 Katy Fwy 1388 Houston, TX 77079-1216

347,437 SF 4.8 ac lot Built 1998
Individually Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US83-3742412
Property summary
AI-generated overview

This exceptional 4,607-square-foot retail space, located at 11700 Katy Freeway in Houston, Texas, presents a unique investment opportunity. Currently vacant, the property is ideally suited for a fitness center or similar retail use. The building boasts a three-story structure, offering ample space for various configurations. Situated in Harris County, zip code 77079, this single-tenant property provides excellent visibility and accessibility along the heavily trafficked Katy Freeway. The ample parking, with a ratio of 4.28 spaces per 1,000 square feet, ensures convenient access for customers and employees. The entire 4,607 square feet is available for lease, providing a blank canvas for a new business venture. This location offers significant potential for growth and success within a thriving Houston market. The property's strategic location on Katy Freeway guarantees high visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a busy commercial corridor. This is a rare opportunity to secure a substantial retail space in a prime Houston location. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. Contact us today to learn more about this exceptional leasing opportunity.

Property profile
Verified
Property type Office buildings
Use group SKYSCRAPER/HIGH-RISE (COM OFFICES)
Year built 1998
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 347,437 SF
Lot 4.8 ac (209,136 SF)
APN 1194270010001
UPID US83-3742412
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
  • Superior HealthPlan Insurance Agency
  • Higginbotham - Houston Insurance Agency
  • Kimley-Horn Engineering Consultant Civil Engineer
  • WSB Engineering Consultant
  • Blink Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.24M
Owner & transaction history
Sarah Mays · 7 yrs held
Sarah Mays
since 2019
6 recorded transactions
2019
Price N/A
2019
Price N/A
2014
Price N/A
2005
Price N/A
2002
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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