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    Property profile & analytics
    FOR SALE
    Commercial real estate

    4249 Roland Rd, Katy, TX 77493

    6.78 ac lot
    Property ID
    US82-1877272
    Property summary
    AI-generated overview

    This exceptional 6.78-acre property in Katy, Texas, presents a unique investment opportunity. Located in Harris County, at 4249 Roland Rd, zip code 77493, this unrestricted land offers significant potential for commercial development. Its prime location near the intersection of Katy Hockley Cut-Off and Clay Rd, and just minutes from the Grand Parkway, ensures high visibility and accessibility. Future infrastructure improvements are planned, including the widening of Clay Road to four lanes at the Roland Road intersection, further enhancing the property's value. Currently, the land includes two residences, which could be repurposed as office space if desired. Importantly, the property is not situated within a flood plain. An added advantage is the availability of an adjacent 9-acre parcel (sold separately), providing the potential to acquire nearly 16 acres of contiguous unrestricted land. This combined acreage would offer even greater development possibilities in this already thriving area. The asking price for this 6.78-acre parcel is $2,450,000.

    Property profile
    Verified
    Property type Commercial real estate
    Lot 6.78 ac (295,337 SF)
    UPID US82-1877272
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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