Property summary
This exceptional 13,850 square foot retail property, built in 2021, is situated on a 1.06-acre lot at the highly visible intersection of Grand Parkway (99) and Morton Ranch Road in Katy, Texas, zip code 77449. The single-story building features 66 parking spaces and currently has 1,600 square feet of vacant space available for lease. This prime location benefits from exceptional visibility and high traffic counts due to its strategic placement at a major intersection. The surrounding area boasts a thriving mix of retail centers, dining establishments, and entertainment options, creating a destination point for shoppers and diners, thus ensuring high foot traffic for your business. Katy, Texas is renowned for its pro-business environment, low taxes, and robust local economy, providing an ideal setting for business growth. The property's proximity to a rapidly expanding residential community, excellent schools, parks, and recreational facilities guarantees a steady stream of potential customers. The versatile and customizable space is adaptable to a wide range of business needs, offering ample parking and modern facilities. This is an unparalleled opportunity to establish your business in a dynamic and rapidly growing community.
Property profile
VerifiedCap rate & NOI
Current use
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Atm Bank
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Restaurant
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Alternative Medicine Practice Spa & Massage Center
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Furniture & Home Goods
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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