Your AI Navigator in Commercial Real Estate
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
    Back to Search
    Property profile & analytics

    3130 Fry Rd Katy, TX 77449

    • Warehouses
    • 14,688 SF
    • 1.40 lot acres
    For Lease
    View listing
    $14 SF/Yr
    Value Estimations
    $485,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3508701
    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

    • Katy Custom Cycles / Motorcycle Repair Shop
    • AMS A/C & Heating / Air Conditioning Repair Service
    • Salvage Saviors / School Supply Store / Thrift Store
    • MS KATY FLOORING / Floor Refinishing Service / Flooring Store
    • G&H Air Conditioning / Air Conditioning Contractor

    Property Details for 3130 Fry Rd

    Year built
    2005
    Construction
    METAL FRAME
    Lot size
    1.40 lot acres
    Property size
    14,688 SF
    Property type
    Warehouses
    APN
    1235100010001
    APU
    1235100010001

    Description

    This Katy, TX industrial property offers 24,000 square feet of flexible space across two single-story buildings, built in 2008. The property is classified as Class C and features sixteen suites, with two spaces currently available, each a minimum of 1,500 square feet and a maximum of 1,500 contiguous square feet. The property is ideally suited for various businesses, including distribution and manufacturing, offering a combination of warehouse and office space. Each unit includes convenient roll-up overhead doors for easy loading and unloading. The location at 3130 N Fry Rd, Katy, TX 77449, near Morton Rd, provides excellent access to major highways and arterial roads, ensuring convenient access for employees, customers, and suppliers. The property boasts ample parking for cars and trucks, and is well-maintained and secure, featuring a well-lit parking lot. There are no elevators on the property. The total vacant space is 1,500 square feet. This is an excellent opportunity for businesses seeking a functional and accessible location in a thriving Katy, Texas market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $480,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $518,000
      Market price range: $426k - $886k

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

    Location Insight

    • Map
    • Local Demand
    City
    Katy
    County
    Harris
    State
    Texas
    Longitude
    -95.7191
    Latitude
    29.8161
    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
    $27,825
    $366,294
    $1,190,393
    $1,556,687
    -
    $366,294
    $1,190,393
    $1,556,687

    Comparable in this City

    • Value Estimation
      $435,000
      13,130 SF

      18703 Little York Rd

      WAREHOUSE, STORAGE • 13,130 SF
      18703 Little York Rd, Katy, TX 77449-5499
      View Details
    • Value Estimation
      $530,000
      11,070 SF

      2910 Mason Rd

      WAREHOUSE, STORAGE • 11,070 SF
      2910 Mason Rd, Katy, TX 77449-7279
      View Details
    • Value Estimation
      $235,000
      161,052 SF

      23155 Morton Rnch Rd

      MINI-WAREHOUSE, STORAGE • 161,052 SF
      23155 Morton Rnch Rd, Katy, TX 77449-7802
      View Details
    • Value Estimation
      $850,000
      21,380 SF

      1920 Primewest Pkwy

      WAREHOUSE, STORAGE • 21,380 SF
      1920 Primewest Pkwy, Katy, TX 77449-7270
      View Details
    • Value Estimation
      $745,000
      26,549 SF

      21414 Julie Marie Ln

      WAREHOUSE, STORAGE • 26,549 SF
      21414 Julie Marie Ln, Katy, TX 77449-4779
      View Details
    • Value Estimation
      $235,000
      138,396 SF

      21831 Clay Rd

      MINI-WAREHOUSE, STORAGE • 138,396 SF
      21831 Clay Rd, Katy, TX 77449-2162
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.07 Acres

      Katy Land: Prime Retail Site

      2 Acres, Katy, TX - Owner Financing
      0 Clay Rd Rd, Park Row, TX 77449
      View Details
    • $3,600,000

      Truck Parking Facility For Sale

      3.076-acre truck parking facility with income potential.
      20820 Park Row Dr, Katy, TX 77449
      View Details
    • Contact for pricing
      15,000 SF

      West Little York Business Park

      15,000 SF business park with 2 acres undeveloped land.
      18025 W Little York Rd, Katy, TX 77449
      View Details
    • $1,830,748
      2.33 Acres

      Grand Pkwy Pad Site - Katy, TX

      ±2.33 Acres, 4 Pads, High-Traffic Location
      & Peek Grand Pkwy, Katy, TX 77449
      View Details
    • Contact for pricing

      Katy Area Development Land

      Five-acre tract in rapidly growing Katy area.
      Stockdick School Rd, Katy, TX 77449
      View Details
    • $950,000

      Land in West Houston Area

      Land available in a well-developed, densely populated area.
      6501 Greenhouse Rd, Katy, TX 77449
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Katy Warehouse with Office Space

      5,660 SF available with warehouse and office areas, HVAC.
      1422 Vanderwilt Ln, Katy, TX 77449
      View Details
    • $24,500
      20,150 SF

      Katy Warehouse with Storage Yard

      20,150 SF warehouse with outside storage in Katy.
      6541 Stockdick School Rd, Katy, TX 77449
      View Details
    • $1.09 SF/Yr
      81 SF

      Katy Warehouse and Office Space

      81,000 SF in three buildings available for lease.
      3115 North Fry Rd, Katy, TX 77449
      View Details
    • Contact for pricing
      21 SF

      Katy Warehouse Space Available

      Two industrial buildings available for lease in Katy, Texas.
      1410 Vanderwilt Ln, Katy, TX 77449
      View Details
    • Contact for pricing
      613,330 SF

      Class-A Distribution Center For Rent

      New Class-A distribution center in west Houston with up to 1,584,131SF.
      22102-22102 Beckendorff Rd, Katy, TX 77449
      View Details
    • Contact for pricing
      11,250 SF

      Westgreen Business Center: Prime Industrial Space

      11,250 SF Manufacturing/Warehouse in Park Row, TX
      1402 Vanderwilt Ct, Park Row, TX 77449
      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.
    3130 Fry Rd
    Katy, TX 77449
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.