19150 Little York Rd, Unit B Katy, TX 77449-5773

Property Details for 19150 Little York Rd

Year built

2022

Construction

STEEL FRAME

Lot size

1.12 lot acres

Property size

16,430 SF

Property type

Warehouses

APN

1160290010054

APU

1160290010054

Description

This exceptional investment opportunity comprises two fully-leased industrial properties totaling 28,980 square feet situated on a 2.236-acre lot in Katy, Texas. The portfolio, encompassing 16 units across two buildings, boasts a strong NOI of $322,323 and a compelling 7.16% cap rate. Built in 2019 (weighted average), the Class B properties feature a mix of flex, auto shop, and warehouse spaces, generating additional revenue streams from on-site amenities such as a water station, storage shed, food truck, and car wash rentals. The properties benefit from significant site improvements, including concrete paving, canopies, a detention pond, signage, and bollards, ensuring ample parking and yard storage. Located at 19150 and 19200 W Little York Rd, the portfolio enjoys convenient access to major roadways, including the Grand Parkway (State Highway 99), North Fry Road, Greenhouse Road, and Barker Cypress Road. The asking price is $4,500,000, representing a price per square foot of $155.28 and a price per unit of $281,250. This is a rare opportunity to acquire a high-performing, multi-tenant industrial portfolio in a thriving Houston-area market. The properties are zoned for mixed-use, retail, and industrial purposes.