410 Grand PkwyKaty, TX 77494

  • Office properties
  • 7,676 SF
For Lease
$30/SF/YR View listing

Property Details for 410 Grand Pkwy

Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
2.68 AC
Property size (Sq ft)
7,676 SF
Property type
Office properties
Property subtype
Office buildings
APN
1272610010001
APU
1272610010001

Description

This four-story Class B medical office building, constructed in 2006, offers a total of 74,656 square feet of space, with 10,924 square feet currently available for lease. Located at 410 W Grand Pkwy S in Katy, Texas, 77494, this property boasts a convenient location with easy access to the West Grand Parkway and I-10. The building features a total of 299 parking spaces for ample tenant and visitor convenience. The property sits on a 2.67-acre lot and is suitable for multiple tenants. Available spaces range from 1,932 square feet to the total vacant space of 10,924 square feet. The building's classification as a Class B property reflects its well-maintained condition and functional design. This is an excellent opportunity for medical practices or retail businesses seeking a prime location in the thriving Katy market. The building's multi-tenant configuration provides flexibility for businesses of various sizes. The ample parking ensures convenient access for patients, clients, and staff. The strategic location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a strong presence in the Katy area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,890,240
    6.5%
    $1,744,837
    7%
    $1,620,206
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,204,170
    Geo Method
    $2,298,118
  • Alternative Use

    Use
    Valuation
    Residential
    $2,163,598
    Hospitality
    $1,981,844
    Educational
    $1,648,871
    Medical
    $1,705,578
    Retail
    $2,564,910
410 Grand Pkwy, Katy, Texas

Location Insight

City
Katy
County
Harris
State
Texas
Latitude
29.7758
Longitude
-95.7799
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$120,366
$1,310,884
$5,085,875
$6,396,759
-
$1,310,884
$5,085,875
$6,396,759

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