Property profile

5418 East 5Th St Katy, TX 77493

FOR SALE
Land
Property ID
US82-1760465
3 ac lot
Entity Owned 5-yr Hold
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Property summary

AI-generated overview

This exceptional 3-acre commercial land parcel presents a remarkable investment opportunity in the thriving Katy, Texas market. Situated at 5418 E 5th St, Katy, TX 77493, this property boasts a highly desirable C-1 zoning designation, permitting a wide range of light commercial uses, including retail, business, and service establishments. The lot is conveniently located within the Katy Independent School District, offering a strong potential for attracting both businesses and employees. Utilities are provided by the City of Katy, ensuring seamless infrastructure connectivity. A significant advantage is the property's location outside of any designated flood plain, mitigating risk and enhancing its appeal to potential developers and investors. The approximately 3-acre site is divisible, offering flexibility for various development scenarios, from single-tenant occupancy to multi-tenant complexes. This presents a unique chance to capitalize on Katy's robust economic growth and create a thriving commercial venture. Detailed information regarding pricing is available upon request. This property is ready for immediate development and offers significant potential for long-term return on investment. The location in Harris County, Texas, provides easy access to major transportation arteries, further enhancing its commercial viability.

Property profile

Verified
Property type Land
Lot 3 ac (130,680 SF)
UPID US82-1760465

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5418 East 5Th St Katy, TX 77493
Katy metro
Google Maps

Value estimations

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

Owner & transaction history

since 2021
1 recorded transaction
2021
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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