Technical
Financial
Distress signals
Property profile

21420 Merchants Way Katy, TX 77449

OFF-MARKET
Office buildings
Property ID
US82-9725523
135,688 SF 13.98 ac lot Built 2013
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2013
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 135,688 SF
Lot 13.98 ac (609,012 SF)
APN 1338800010001
UPID US82-9725523

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
  • Corporate Office

Location

21420 Merchants Way Katy, TX 77449-2500
Katy metro Census 542402 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$29.17M
Comparable Approach Comparable
$31.60M
Blend (final) Blend
$30.38M

Owner & transaction history

since 2015
3 recorded transactions
2022
Price N/A
2021
Price N/A
2015
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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 21420 Merchants Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message