Property profile

19560 Clay Rd Katy, TX 77449

FOR LEASE
Strip malls
Property ID
US82-8311247
29,874 SF 2.09 ac lot Built 2018
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The Clay Retail Center, located in the Katy submarket of Harris County, offers exceptional medical office space for lease. This prime location boasts 28,362 square feet of total building space situated on a 2.09-acre lot. The property features multiple tenancies, providing flexibility for various medical practices. Individual suites range from a minimum of 1,500 square feet to a maximum contiguous space of 3,000 square feet, catering to a variety of needs. The center enjoys a highly visible position on the heavily trafficked intersection of Clay and Fry Roads, ensuring excellent exposure and accessibility. Its strategic location provides easy access to major thoroughfares like I-10 and the Grand Parkway, enhancing convenience for both patients and staff. While elevators are not present in the building, the layout is designed for efficient and convenient access to all suites. The property is ideally suited for medical professionals seeking a well-established and easily accessible location in the thriving Katy area. This is a rare opportunity to secure space in a desirable medical office center with excellent visibility and convenient access to major transportation arteries. The available space is perfect for a variety of medical practices seeking a prominent location in a busy commercial area.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2018
Construction METAL FRAME
Total area 29,874 SF
Lot 2.09 ac (91,171 SF)
APN 1155040130027
UPID US82-8311247

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
  • Restaurant
  • Tech Support Center IT Consulting Firm
  • Bar & Pub
  • Nail Salon
  • Furniture & Home Goods Home Decor Store

Location

19560 Clay Rd Katy, TX 77449
Katy metro Census 542104 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$815k
CAP Approach CAP
by Request
Comparable Approach Comparable
$683k
Blend (final) Blend
$750k

Owner & transaction history

since 2017
5 recorded transactions
2017
Price N/A
2006
Price N/A
2006
Price N/A
2005
Price N/A
2005
Price N/A

Zoning & alternative use

Top alternative use upside
Industrial (general) $940,000 +7.7%

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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