21927 Clay Rd, Katy, TX 77449-0816
This exceptional 1-story, 15,737 square foot building, constructed in 2018, offers 1,500 square feet of immediately available office space in a prime Katy, Texas location. Situated at the southeast corner of Grand Parkway (Highway 99) and Clay Road, this property boasts excellent visibility and accessibility. The space is ideal for executive or medical office use, featuring a "vanilla box" layout ready for tenant build-out. The building benefits from a strong tenant mix, including Fresenius Dialysis and Paragon Infusion therapy. Enjoy convenient cross-access with a CVS Pharmacy and ample parking with 124 spaces. This location is experiencing significant growth, with nearly 6,000 new homes planned or under construction within a 3-mile radius, along with three new Katy ISD schools in the pipeline. Two prominent 36-foot pylon signs on Grand Parkway and Clay Road provide exceptional signage opportunities. The property is located in Harris County's Far West submarket, at 21927 Clay Rd, Katy, TX 77449, and is easily accessible from the major east-west thoroughfare, Clay Road. A new 433,000+ square foot industrial park is also under development across Grand Parkway, further enhancing the area's appeal and potential for future growth. This is a rare opportunity to secure space in a thriving commercial center.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.