1815 Mason RdKaty, TX 77450

For Lease
  • Retail space
  • 8,628 SF

Property Details for 1815 Mason Rd

Year built
2017
Construction
CONCRETE BLOCKS
Lot size
1.08 AC
Property size (Sq ft)
8,628 SF
Property type
Retail space
APN
1279070010001
APU
1279070010001

Description

This exceptional 3,200 square foot retail space, formerly a Krispy Kreme, presents a unique opportunity in the thriving Katy, Texas market. Located at 1815 S Mason Rd, 77450, in Harris County, this single-tenant property offers complete vacancy, allowing for immediate occupancy and customization to suit your business needs. The building's prominent location provides excellent visibility and accessibility, ensuring high foot traffic and brand recognition. The spacious interior layout is adaptable to a variety of retail concepts, offering ample space for display, storage, and customer interaction. The property is situated within a dynamic commercial area, benefiting from strong demographics and a robust local economy. This is an ideal location for businesses seeking a high-profile presence in a rapidly growing community. The property is available for sublease, offering a flexible and potentially cost-effective entry point into the Katy market. With its prime location, ample square footage, and immediate availability, this former Krispy Kreme location represents a compelling investment opportunity for discerning entrepreneurs. Serious inquiries are encouraged to explore the potential of this exceptional retail space. The property is located in Harris County, Texas, and offers a significant opportunity for a business seeking a high-visibility location in a thriving commercial area. The 3200 square feet provides ample space for a variety of retail uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,123,270
    6.5%
    $2,883,018
    7%
    $2,677,088
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,410,856
    Geo Method
    $6,509,505
  • Alternative Use

    Use
    Valuation
    Residential
    $2,431,934
    Hospitality
    $2,227,638
    Educational
    $1,853,369
    Medical
    $1,917,109
    Retail
    $2,883,018
1815 Mason Rd, Katy, Texas

Location Insight

City
Katy
County
Harris
State
Texas
Latitude
29.7551
Longitude
-95.7509
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
$39,009
$940,720
$1,233,718
$2,174,438
-
$940,720
$1,233,718
$2,174,438

FAQs

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