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    27111 Clay Rd Katy, TX 77493
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    27111 Clay Rd Katy, TX 77493

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    • Residential land & home lots
    Off-Market
    Property ID
    US82-4497652
    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

    • Residential land & home lots

    Property Details for 27111 Clay Rd

    Property type
    Residential land & home lots
    Property subtype
    Commercial land

    Description

    4 acres of sprawling land perfectly situated for either residential or commercial development! Thank you for showing! When making an offer, please download Listing Attachments for Offer Instructions and Addenda. Offers submitted after 6:00 pm will be acknowledged the following day. All information is deemed reliable, however, not guaranteed. The second tax account # 320500-008-004-100 is included in the listing price.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Katy
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.84306
    Latitude
    29.830512

    Comparable in this City

    • $1,600,000

      Unrestricted Land Near Katy

      6.2 acres of unrestricted land zoned for residential or commercial.
      26103 Beckendorff Rd, Katy, TX 77493
      View Details
    • $6,443,500
      916 SF

      Katy Hockley Road Land Opportunity

      Prime location acreage suitable for residential or commercial development.
      4522 Katy Hockley Rd, Katy, TX 77493
      View Details
    • Contact for pricing
      2,615 SF

      Unrestricted Land with Commercial Potential

      5.1 acres of unrestricted land suitable for commercial use.
      25730 Beckendorff Rd, Katy, TX 77493
      View Details
    • Contact for pricing

      Katy Commercial Land For Sale

      Commercial land with high visibility and easy access to I-10.
      Katy Fort Bend Rd, Katy, TX 77493
      View Details

    Similar Nearby for Sale

    • $1,600,000

      Unrestricted Land Near Katy

      6.2 acres of unrestricted land zoned for residential or commercial.
      26103 Beckendorff Rd, Katy, TX 77493
      View Details
    • $6,443,500
      916 SF

      Katy Hockley Road Land Opportunity

      Prime location acreage suitable for residential or commercial development.
      4522 Katy Hockley Rd, Katy, TX 77493
      View Details
    • Contact for pricing
      2,615 SF

      Unrestricted Land with Commercial Potential

      5.1 acres of unrestricted land suitable for commercial use.
      25730 Beckendorff Rd, Katy, TX 77493
      View Details
    • Contact for pricing

      Katy Commercial Land For Sale

      Commercial land with high visibility and easy access to I-10.
      Katy Fort Bend Rd, Katy, TX 77493
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Katy, Texas Land For Lease

      Land available for lease in a high-growth Katy area.
      D Franz Rd & Ave, Katy, TX 77493
      View Details
    • Contact for pricing

      Commercial Land For Rent

      Commercial land for rent in high-growth area near H-E-B.
      Morton Rd, Katy, TX 77493
      View Details
    • Contact for pricing

      Katy Retail/Commercial Land For Lease

      Prime retail and commercial land available for lease in Katy.
      Nec Of Katy Hockley Cutoff Rd. And Morton Rd, Katy, TX 77493
      View Details
    • Contact for pricing
      3,000 SF

      New Retail Center in Katy

      3,900 SF retail space in a prime Katy location.
      24515 Morton Rd, Katy, TX 77493
      View Details
    • Contact for pricing

      Katy Retail or Medical Space

      Class A retail or medical space in high-traffic Katy location.
      1420 Katy Fort Bend Rd, Katy, TX 77493
      View Details
    • $4,200 /Mo
      1,788 SF

      Historic Downtown Katy Office Space

      Professionally restored office building in the heart of Katy.
      5702 4Th St, Katy, TX 77493
      View Details
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    27111 Clay Rd
    Katy, TX 77493
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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