24746 Saddlespur LnKaty, TX 77494

  • Other commercial real estate
  • 19,200 SF
For Sale

Property Details for 24746 Saddlespur Ln

Year built
2008
Lot size
1.93 AC
Property size (Sq ft)
19,200 SF
Zone code
S
Property type
Other commercial real estate
APN
0262-01-001-0040-914
APU
262010010040914

Description

This exceptional 19,200 square foot commercial property, situated on a 1.93-acre lot in Katy, Texas, presents a unique investment opportunity. Located at 24746 Saddlespur Ln, just east of Westheimer Parkway, this established fitness center boasts a prime location with convenient access to multiple thriving communities, including Cinco Ranch. The property has been successfully operating for over 12 years, currently featuring a basketball gym and batting cages. The owner operates the basketball facility and leases the batting cages, demonstrating a proven revenue stream. This versatile space offers significant potential for a variety of uses beyond its current configuration. The existing infrastructure provides ample room for various sports activities, allowing for expansion or repurposing to suit a new owner's vision. The property's size and location make it an ideal candidate for expansion, renovation, or continued operation as a multi-sport facility. This is a rare opportunity to acquire a well-established business in a high-growth area of Katy, offering both immediate income potential and long-term growth prospects. The property is zoned for commercial use and is ready for immediate occupancy. The address is 24746 Saddlespur Ln, Katy, TX 77494, in Fort Bend County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,411,813
    Hospitality
    $4,957,192
    Educational
    $4,124,325
    Medical
    $4,266,167
    Retail
    $6,415,617
24746 Saddlespur Ln, Katy, Texas

Location Insight

City
Katy
County
Fort Bend
State
Texas
Latitude
29.7548
Longitude
-95.7955
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
2023
$33,415
$708,876
$1,016,124
$1,725,000
-
$708,876
$1,016,124
$1,725,000

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