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Property profile & analytics
FOR LEASE
Commercial real estate
6701 Highway Blvd Katy, TX 77494
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US82-0237501
For Lease
1 / 18
$264 SF/Yr
6701 Highway Blvd, Katy, TX 77494
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Property summary
AI-generated overview
This Katy, Texas office building, located at 6701 Highway Blvd (cross streets: Cane Island Parkway), offers 13,574 square feet of traditional office space in a single, two-story building constructed in 1980 and renovated in 2018. The property is zoned commercial and sits on a 25,395 square foot lot in Waller County. Tenants can lease individual suites ranging from a minimum of 1,000 square feet to a maximum contiguous space of 2,250 square feet. A total of 10 suites are available within the building, with 1,470 square feet currently vacant. The building is classified as Class C and features ample parking with 30+ spaces. While there are no elevators, the property does have power. Interested parties should note that this is a multi-tenant building. Available spaces offer flexible layouts, with some featuring open areas suitable for reception or conference space, and private offices. The property's convenient location in Katy, Texas, offers easy access to major roadways and amenities.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1980
Construction
BRICK
Total area
13,574 SF
Lot
0.58 ac (25,395 SF)
APN
438000-001-002-000
UPID
US82-0237501
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
Current use
Occupant on record · Public records
-
Moe Chatbot - best chatbots for websites - chatbots for business - chatbots for Health care - Katy Production Facility
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ARVerity Tech Support Center (Bike/Boat/Book/etc) Store
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SANS Global Technologies Inc (Bike/Boat/Book/etc) Store Corporate Office
-
Foundation Strategies Employment Agency
-
Brazos Mechanical Services, LLC. Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Katy Building LLC · 5 yrs held
Katy Building LLC
since 2020
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Katy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Katy submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2021Property tax & assessments
Tax year 2021
Tax billed
$909,517
Tax year 2021
Assessed value
$1,560,310
Assessed 2023
Previous assessed
$1,560,310
+0.0% YoY
Effective rate
58.29%
On assessed value
Assessed land
$289,120
Assessed improvement
$1,271,190
Land market value
$289,120
Improvement market value
$1,271,190
Total market value
$1,560,310
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Lease
Year built
1980
Construction
BRICK
Heating
NONE
Stories
2
Total area
13,574 SF
Lot
0.58 ac (25,395 SF)
APN
438000-001-002-000
UPID
US82-0237501
Jurisdiction
WALLER
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1980
Construction
BRICK
Heating
NONE
Stories
2
Lot
0.58 ac
Current owner
From public records · entity-resolved
Katy Building LLC
Entity
Mailing address
6701 HWY BLVD STE #204, KATY, TX 77494-1012
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2020
—
Katy Building LLC
6701 Highway Blvd LLC
Warranty Deed
$1,204,000 · First National Bank Texas
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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