Technical
Financial
Distress signals
Property profile

3730 Mason Rd Katy, TX 77449

OFF-MARKET
Commercial real estate
Property ID
US82-1376928
1.23 ac lot Built 2022
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,995-square-foot Class A storefront, located at 3730 N Mason Rd, Katy, TX 77449, presents a compelling investment opportunity. Built in 2023, this mixed-use property boasts a prime location on Mason Road, a busy thoroughfare in Katy, offering easy access to Grand Parkway and I-10. Currently 100% occupied by Builtfit Athletics under a gross lease agreement commencing June 1, 2023, and expiring May 31, 2024, the property generates a monthly rental income of $2,500, with plans to increase to $2,700 upon lease renewal. The space features a 24-foot clear ceiling height, a 14x16-foot grade-level commercial roll-up door, and a fully built bathroom with a hot shower. A mezzanine, not included in the 1,995 square feet, offers additional storage or potential build-out for extra space. The property's flexible design allows for various uses, from traditional warehouse space with office potential to retail-focused businesses. This value-add investment is ideal for both investors seeking established rental income and owner-occupants looking for a versatile space once the current lease expires. The asking price is $485,000, resulting in a price per square foot of $243.11. This property offers a unique opportunity to capitalize on a thriving Katy location and a strong existing tenant.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2022
Construction STEEL FRAME
Lot 1.23 ac (53,492 SF)
APN 1466250010005
UPID US82-1376928

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
  • Production Facility Textile Manufacturer
  • Gym & Fitness Center
  • Dental Office

Location

3730 Mason Rd Katy, TX 77449-7186
Katy metro Census 542302 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2023
2 recorded transactions
2024
Price N/A
2023
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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