For Sale
$2,600,000

21720 Highland Knolls DrKaty, TX 77450

10,440 SF Commercial Land, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 10,440-square-foot commercial property situated on a 1.3-acre lot in Katy, Texas, at 21720 Highland Knolls Dr, 77450. The property, classified as Class B, is currently vacant and offered for sale with a leaseback option. The asking price is $2,600,000, translating to $249.04 per square foot. Features include stained concrete floors, high ceilings, an elevator, and ample parking for over 100 vehicles. The property enjoys convenient access to I-10 and the Grand Parkway, benefiting from strong demographics. Within a 5-mile radius, the population exceeds 298,795, with average household incomes exceeding $123,204. High traffic counts on Highland Knolls Drive (17,103 in 2018) further underscore the property's prime location. Owner financing is available. This mixed-use, special-purpose property is offered as a net lease (NN+) investment. The property is zoned for commercial use.

Highlights

  • Strong demographics: 23,316 residents within one mile, 107,195 within three miles, and 298,795 within five miles.
  • High average household incomes: $106,339 within one mile, $124,307 within three miles, and $123,204 within five miles.
  • High traffic counts: 17,103 vehicles per day on Highland Knoll Drive.

Property Details for 21720 Highland Knolls Dr

Property type
Specialty properties, Mixed-use properties
Square Feet
10,440 SF
Class
B

Location Insight

City
Katy
County
Harris
State
Texas
Latitude
29.7591079
Longitude
-95.7479819
21720 Highland Knolls Dr, Katy, Texas

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21720 Highland Knolls Dr
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