Property profile

23945 Franz Rd Katy, TX 77493

OFF-MARKET
Strip malls
Property ID
US82-6562559
18,299 SF 1.84 ac lot Built 2006
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Construction STEEL & CONCRETE
Total area 18,299 SF
Lot 1.84 ac (80,233 SF)
APN 1137640000029
UPID US82-6562559

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
  • Nail Salon
  • Barber Shop
  • Barber Shop
  • Barber Shop

Location

23945 Franz Rd Katy, TX 77493-2598
Katy metro Census 542600 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$685k
CAP Approach CAP
by Request
Comparable Approach Comparable
$414k
Blend (final) Blend
$550k

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
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
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