Technical
Financial
Distress signals
Property profile

5350 E 5Th St Katy, TX 77493

FOR LEASE
Warehouses
Property ID
US82-4736644
16,500 SF 1.01 ac lot Built 2021
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,500 square foot flex space is located in the desirable Katy 5th Business Park within Harris County. The property is a single-tenant space, ideal for a variety of businesses seeking immediate occupancy. The space is currently shell space, offering flexibility for tenant build-out to meet specific operational needs. The lease is a modified gross lease, with the tenant responsible only for electricity. The larger building totals 16,500 square feet and encompasses retail, office, and industrial space classifications, reflecting the versatility of the Katy 5th Business Park. This property presents a unique opportunity for businesses seeking a functional and adaptable space in a convenient location. The single-tenant occupancy ensures privacy and control over the premises. The modified gross lease structure simplifies budgeting and operational costs. The property's location within the Katy 5th Business Park offers access to various amenities and transportation routes, enhancing business operations and employee convenience. This is a prime opportunity for a business seeking a cost-effective and adaptable space in a thriving area. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2021
Construction METAL FRAME
Total area 16,500 SF
Lot 1.01 ac (43,800 SF)
APN 740730000013
UPID US82-4736644

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
  • Auto Repair Shop

Location

5350 E 5Th St Katy, TX 77493
Katy metro Census 542700 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
$665k
Blend (final) Blend
$385k

Owner & transaction history

since 2020
7 recorded transactions
2026
Price N/A
2020
Price N/A
2016
Price N/A
2008
Price N/A
1997
Price N/A
1969
Price N/A
1969
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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