1150 Mason RdKaty, TX 77450

Property Details for 1150 Mason Rd

Year built

2000

Construction

BRICK

Lot size

0.77 AC

Property size (Sq ft)

10,935 SF

Property type

Retail space

APN

1224520010001

APU

1224520010001

Description

This exceptional retail strip center, located at 1150 S. Mason Rd in Katy, Texas (77450), within Harris County, presents a compelling investment opportunity. The property boasts a total of 9,722 square feet and features a multi-tenant configuration. Currently, there are four available spaces ranging in size from 752 square feet to 2,089 square feet, providing flexibility for a variety of retail businesses. Its prime location in Katy offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong tenant occupancy. The property's classification as a strip center provides convenient access for customers and ample parking. This presents a unique chance to acquire a well-situated retail property in a thriving Texas market. Detailed lease terms and financial information are available upon request. Serious inquiries only. The property is categorized as Retail and further specified as a Strip Center. Interested parties should contact the provided contact information for further details.

• CAP approach

  CAP return

  Valuation

  6%

  $3,958,386

  6.5%

  $3,653,894

  7%

  $3,392,902

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,322,868

  Geo Method

  $8,250,050

• Alternative Use

  Use

  Valuation

  Residential

  $3,082,197

  Hospitality

  $2,823,276

  Educational

  $2,348,932

  Medical

  $2,429,716

  Retail

  $3,653,894

Location Insight

City

Katy

County

Harris

State

Texas

Latitude

29.763

Longitude

-95.7522

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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