Property profile

1443 Mason Rd Katy, TX 77450

OFF-MARKET
Retail space
Property ID
US82-9804869
12,093 SF 1.09 ac lot Built 2014
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail storefront opportunity is located at 1443 S Mason Rd in Katy, Texas, zip code 77450. The property, known as Mason Square, offers a total of 2,200 square feet of retail space, currently entirely vacant and available for lease. This presents a unique chance for a single tenant to occupy the entire building or for multiple tenants to collaborate within this versatile space. The property's "Storefront" subtype suggests a high-visibility location, ideal for businesses seeking strong foot traffic and easy accessibility. The building's location in Katy, TX, provides access to a thriving community and robust consumer base. The property is situated at latitude 29.7609863 and longitude -95.7509241. The property type is classified as "Retail" and the tenancy is listed as "Multiple," indicating flexibility in lease terms and potential for various business configurations. This presents a prime opportunity for businesses seeking a prominent location in a dynamic Katy market. The entire 2,200 square feet is immediately available, allowing for quick occupancy and immediate business commencement. Interested parties are encouraged to inquire further to explore lease terms and conditions. This is a rare opportunity to secure a substantial retail space in a desirable Katy location.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2014
Construction CONCRETE BLOCKS
Total area 12,093 SF
Lot 1.09 ac (47,524 SF)
APN 1354940010001
UPID US82-9804869

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
  • Physician

Location

1443 Mason Rd Katy, TX 77450-4568
Katy metro Census 454802 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
$582k
Blend (final) Blend
$510k

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $795,000 +62.3%
Auto repair, garage $615,000 +25.2%
Warehouse, storage $580,000 +18.0%

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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