21725 Clay RdKaty, TX 77449

Property Details for 21725 Clay Rd

Year built

2016

Construction

STEEL FRAME

Lot size

1.89 AC

Property size (Sq ft)

2,938 SF

Property type

Retail properties

Property subtype

Retail space

APN

1380870010001

APU

1380870010001

Description

This exceptional retail storefront investment opportunity presents a chance to acquire The Dog Academy, a premier pet campus located at 21725 Clay Rd, Katy, TX 77449, in Harris County. The property boasts a substantial 82,295 square foot lot and is currently operating as a successful, high-growth business. The Dog Academy offers a comprehensive range of services including boarding, daycare, training, grooming, and bathing, with plans for future expansion into retail and veterinary services. The business enjoys a strong customer base, exceeding 1,000 active clients and adding an average of four new customers daily. This sale/leaseback opportunity provides a compelling 7.54% cap rate with a Net Operating Income (NOI) of $264,000, and an asking price of $3,500,000. The strategic location within Katy's thriving consumer market ensures continued success and strong potential for future revenue growth. This is an ideal investment for those seeking a stable, high-performing asset with significant upside potential in a rapidly expanding area. The property's size and the business's diverse service offerings create a robust and resilient investment. The established customer base and consistent growth trajectory make this a truly attractive opportunity. Don't miss this chance to acquire a premier property in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,063,533

  6.5%

  $981,723

  7%

  $911,600

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,161,462

  Geo Method

  $2,216,612

• Alternative Use

  Use

  Valuation

  Residential

  $828,120

  Hospitality

  $758,554

  Educational

  $631,108

  Medical

  $652,812

  Retail

  $981,723

Location Insight

City

Katy

County

Harris

State

Texas

Latitude

29.8311

Longitude

-95.7528

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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