Property profile

1419 Vanderwilt Ln Katy, TX 77449

OFF-MARKET
Flex space
Property ID
US82-9666492
12,871 SF 0.58 ac lot Built 2014
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This single-tenant Katy office building, located at 1419 Vander Wilt Ln, offers 8,800 square feet of space, with 2,270 square feet currently vacant. Situated in the desirable Katy/Energy Corridor submarket of Harris County, Texas (zip code 77449), this one-story building provides a convenient location with easy access to I-10. The property features a modern stone façade, ample windows for natural light, and a covered entrance. Secure tenant parking is included. The interior boasts fully built-out, move-in ready offices, making it ideal for a variety of businesses. This flexible office space is perfect for companies seeking a standalone presence in a thriving business park, alongside other established enterprises. The property is categorized as Traditional Office, Executive Office, Medical Office, Creative Office, and Coworking space, offering versatility to suit diverse needs. The building's prime location and modern amenities make it an attractive opportunity for businesses seeking a high-quality office space in the Katy area.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2014
Construction METAL FRAME
Total area 12,871 SF
Lot 0.58 ac (25,300 SF)
APN 1352680010007
UPID US82-9666492

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Auto Repair Shop
  • Marketing & Advertising Advertising Agency

Location

1419 Vanderwilt Ln Katy, TX 77449-1799
Katy metro Census 542402 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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