Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    27131 Cinco Rnch Blvd Katy, TX 77494-7608

    • Commercial real estate
    • 27,008 SF
    • 3.96 lot acres
    OFF-MARKET
    Value Estimations
    $1,180,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-9276399
    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.

    Current Use by Public Records

    • The Shops At Cinco Ranch / Shopping Center & Mall
    • Palinuro Italian Cuisine / Restaurant
    • Portrait Dental: Minh D. Nguyen, DDS / Dental Office
    • GloboDent / Dental Office
    • Solutions Education Katy / Tutoring Service

    Property Details for 27131 Cinco Rnch Blvd

    Year built
    2015
    Lot size
    3.96 lot acres
    Property size
    27,008 SF
    Property type
    Commercial real estate
    APN
    2278-48-000-0024-914
    APU
    2278480000024914

    Description

    This exceptional retail space, located within the Shops at Cinco Ranch at 27131 Cinco Ranch Boulevard in Katy, Texas, 77494, offers a prime opportunity for businesses seeking high visibility and convenient access. The property is a strip center with a total building size of 27,500 square feet. Currently, there is 4,421 square feet of vacant space available for lease, divisible into units as small as 2,000 square feet. The maximum contiguous space available is 2,421 square feet. This presents a flexible leasing option for businesses of various sizes. The property's location within the thriving Cinco Ranch community ensures high foot traffic and strong consumer demographics. The address provides easy access from Cinco Ranch Boulevard, offering excellent visibility and convenient access for customers. This is an ideal location for businesses seeking a vibrant and established retail environment in a rapidly growing area of Katy, Texas. The available space is perfect for a variety of retail uses, providing a chance to establish a strong presence in a desirable market. Interested parties should inquire for further details and leasing information.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $835,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,528,000
      Market price range: $820k - $2.45M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,520,000
      Current use
      MEDICAL BUILDING
      $1,835,000
      Change: +21% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,540,000
      Change: +1% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,295,000
      Change: -15% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Katy
    County
    Fort Bend
    State
    Texas
    Longitude
    -95.8127
    Latitude
    29.7148
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $110,544
    $758,989
    $5,241,011
    $6,000,000
    -
    $758,989
    $5,241,011
    $6,000,000

    Comparable in this City

    • Value Estimation by Request
      96,545 SF

      1093 Fm 1463 Rd

      Retail properties • 96,545 SF
      1093 Fm 1463 Rd, Katy, TX 77494
      View Details
    • Value Estimation by Request
      0.50 Acres

      Falcon Lndg Blvd & Westheimer Pkwy

      Land • 0.50 Acres
      0 Falcon Lndg Blvd & Westheimer Pkwy, Katy, TX 77494
      View Details
    • Value Estimation by Request
      0.90 Acres

      4930 Fm 1463rd Rd

      COMMERCIAL (GENERAL) • 0.90 Acres
      4930 Fm 1463rd Rd, Fulshear, TX 77494-5426
      View Details
    • Value Estimation by Request
      1.59 Acres

      5810 Fm 1463rd Rd

      COMMERCIAL (GENERAL) • 1.59 Acres
      5810 Fm 1463rd Rd, Fulshear, TX 77494-5448
      View Details
    • Value Estimation
      $575,000
      2.50 Acres

      4826 Fm 1463rd Rd

      COMMERCIAL (GENERAL) • 2.50 Acres
      4826 Fm 1463rd Rd, Fulshear, TX 77494-5062
      View Details
    • Value Estimation by Request
      1.39 Acres

      4830 Fm 1463rd Rd

      COMMERCIAL (GENERAL) • 1.39 Acres
      4830 Fm 1463rd Rd, Fulshear, TX 77494-5062
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.93 Acres

      Katy Sports & Fitness Center

      1.93-Acre Gym, Excellent Location
      24746 Saddlespur Ln, Katy, TX 77494
      View Details
    • Contact for pricing
      76.52 Acres

      Grand Parkway Land - Huge Potential

      ±159 Acres, Prime Houston Location
      0 Grand Pkwy, Houston, TX 77494
      View Details
    • Contact for pricing
      11.48 Acres

      Cameron Business Park Land

      11+ Acres West Houston Commercial Land
      1020 Texas Heritage Pkwy, Katy, TX 77494
      View Details
    • Contact for pricing
      82.75 Acres

      Grand Parkway Land - 82.75 Acres

      Prime Houston acreage, diverse zoning potential.
      0 Grand Pkwy, Houston, TX 77494
      View Details
    • Contact for pricing
      3.47 Acres

      Cane Island Pkwy

      Land • 3.47 Acres
      0 Cane Island Pkwy, Katy, TX 77494
      View Details
    • $1,217,391
      0.50 Acres

      Falcon Landing Commercial Land

      Katy, TX: Prime 0.5-acre Pad Site
      0 Falcon Lndg Blvd & Westheimer Pkwy, Katy, TX 77494
      View Details

    Similar Nearby for Lease

    • $24 SF/Yr
      80,263 SF

      Katy Flex Space For Lease

      Modern Garage Condo, 1320 sq ft
      1435 Fm 1463 Rd, Katy, TX 77494
      View Details
    • Contact for pricing
      10,906 SF

      Katy Retail Center - Prime Location

      High-traffic retail space available in Katy, TX.
      25785 Katy Fwy, Katy, TX 77494
      View Details
    • Contact for pricing
      4,300 SF

      Cinco Ranch Retail Spaces Available

      Katy, TX Retail: 1200-3100 sq ft
      23144 Cinco Ranch Blvd, Katy, TX 77494
      View Details
    • $314 /Mo
      1,225 SF

      Katy Medical Office Condo For Lease

      Class A, 1225 SF, Prime Location
      23410 Grand Reserve Dr, Katy, TX 77494
      View Details
    • Contact for pricing
      1,320 SF

      Katy Main Square Office Suite

      1,320 sq ft, Brand New Office Space
      1325 Main St, Katy, TX 77494
      View Details
    • $29 SF/Yr
      650 SF

      Office Condo For Rent

      Office condo with private access, suitable for professional services.
      24522 Kingsland Blvd, Katy, TX 77494
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    27131 Cinco Rnch Blvd
    Katy, TX 77494-7608
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.