5361 Highway BlvdKaty, TX 77494

Property Details for 5361 Highway Blvd

Year built

1963

Construction

CONCRETE BLOCKS

Lot size

1.82 AC

Property size (Sq ft)

2,758 SF

Property type

Retail properties

Property subtype

Gas stations

APN

471210000101

APU

471210000101

Description

This exceptional 1.82-acre commercial land parcel presents a prime investment opportunity in Katy, Texas. Strategically located at the southeast corner of the soon-to-open intersection of Highway Boulevard and Katy Village Parkway—the northern entrance to the 84-acre Village at Katy mixed-use development—this property boasts approximately 195 feet of frontage on Highway Boulevard, just west of I-10. The high-traffic location and visibility make it ideal for a wide range of commercial ventures. Utilities are readily available, ensuring seamless development. Currently, an operating car wash is situated on the property

• CAP approach

  CAP return

  Valuation

  6%

  $998,375

  6.5%

  $921,577

  7%

  $855,750

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,090,304

  Geo Method

  $2,080,808

• Alternative Use

  Use

  Valuation

  Residential

  $777,384

  Hospitality

  $712,080

  Educational

  $592,442

  Medical

  $612,817

  Retail

  $921,577

Location Insight

City

Katy

County

Harris

State

Texas

Latitude

29.7851

Longitude

-95.8151

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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