1321 Westgreen BlvdKaty, TX 77449

Property Details for 1321 Westgreen Blvd

Year built

2018

Construction

STEEL FRAME

Lot size

1.64 AC

Property size (Sq ft)

16,354 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1392970010001

APU

1392970010001

Description

This exceptional 1,966 square foot retail space is situated in the thriving Katy business district at 1321 N Westgreen Blvd, Katy, TX 77449, within Harris County. The property, part of the Westgreen Commons complex, offers excellent visibility and accessibility, boasting a prominent pylon sign with "black blacks" to enhance tenant signage. The space is part of a larger 16,272 square foot building with ample parking, ideal for restaurant use. Its location provides easy access to major freeways, including Interstate 10 and the 99 Grand Parkway, and benefits from the proximity of three business travel hotels: Hyatt Place and Holiday Inn Express among them. This single-suite space is currently vacant and ready for immediate occupancy. The property is categorized as retail and restaurant space, making it suitable for a variety of businesses. The convenient location and ample parking make this an attractive opportunity for businesses seeking high visibility and accessibility in a bustling commercial area. This is a unique opportunity to establish a presence in a high-traffic area with strong potential for growth.

• CAP approach

  CAP return

  Valuation

  6%

  $5,920,022

  6.5%

  $5,464,636

  7%

  $5,074,304

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,465,130

  Geo Method

  $12,338,485

• Alternative Use

  Use

  Valuation

  Residential

  $4,609,624

  Hospitality

  $4,222,392

  Educational

  $3,512,980

  Medical

  $3,633,797

  Retail

  $5,464,636

Location Insight

City

Katy

County

Harris

State

Texas

Latitude

29.7874

Longitude

-95.7361

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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