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    20621 Westheimer Pkwy Katy, TX 77450
    Property profile & analytics

    20621 Westheimer Pkwy Katy, TX 77450


    • Sports & entertainment properties
    • 4,584 SF
    • 0.52 lot acres
    Versatile Commercial Property in Katy, TX For Sale
    Contact for pricing
    4,584 SF

    Versatile Commercial Property in Katy, TX

    Adaptable commercial property with stable income stream in prime location.

    20621 Westheimer Pkwy, Katy, TX 77450
    View Listing
    Property ID
    US82-8316420
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • BETEL CFA TX / Church
    • Dance With Stars Academy / Training Center
    • Art of Dance Academy / Training Center
    • US Dance Company / Theater & Performing Art Venue / Training Center

    Property Details for 20621 Westheimer Pkwy

    Year built
    2020
    Construction
    METAL FRAME
    Lot size
    0.52 lot acres
    Property size
    4,584 SF
    Property type
    Sports & entertainment properties
    APN
    1198190010014
    APU
    1198190010014

    Description

    This exceptional 4,584 square foot mixed-use property, built in 2020, is located in Katy, Texas's thriving Cinco Ranch community at the intersection of Westheimer Parkway and Fry Road. The Class A building features a creative office and storefront space, currently 100% occupied by a dance studio under a five-year leaseback agreement. The two-story building boasts high-end finishes, a modern design, and an elevator, enhancing its appeal and versatility. The property includes 19 parking spaces and sits on a 22,730 square foot lot. The building's adaptable layout is suitable for various uses, including retail, flex space, or office. The current tenant's successful 15-year history provides a stable income stream with a Net Operating Income (NOI) of $120,000. The property's strategic location across from McMeans Junior High School ensures high visibility and foot traffic. This sale-leaseback opportunity offers immediate returns and a strong potential for future appreciation in a desirable Katy, Texas location. The property's features include a large open area with 24-foot ceilings and a second-level open room.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Katy
    County
    Harris
    State
    Texas
    Longitude
    -95.7345
    Latitude
    29.7374
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $17,962
    $227,300
    $808,636
    $1,035,936
    -
    $227,300
    $808,636
    $1,035,936
    View Listing
    More about this property
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