23128 Westheimer PkwyKaty, TX 77494

Property Details for 23128 Westheimer Pkwy

Year built

2001

Lot size

0.89 AC

Property size (Sq ft)

6,500 SF

Property type

Commercial real estate

APN

0190-00-002-0026-914

APU

190000020026914

Description

This exceptional retail and restaurant space, located at 23128 Westheimer Parkway in Katy, Texas, offers a prime opportunity for businesses seeking high visibility and convenient access. The property is situated within the vibrant Westheimer Parkway Shopping Center in Fort Bend County, boasting a total building size of 6,509 square feet. Currently, there is 1,593 square feet of readily available space, perfect for a variety of uses including commercial, medical, restaurant, or office ventures. The multiple-tenancy setup provides a dynamic and collaborative environment. The property's location in Katy, TX, zip code 77494, ensures excellent exposure to a thriving community and high traffic volume along Westheimer Parkway. This is an ideal location for businesses seeking to establish a strong presence in a rapidly growing area. The available space presents a blank canvas for businesses to customize and design their ideal workspace. The property's strategic location and ample square footage make it an attractive investment for businesses looking to expand or establish a new location in a bustling commercial hub. This is a rare opportunity to secure a prominent space in a well-established shopping center. Contact us today to learn more about leasing this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,814,070

  6.5%

  $1,674,520

  7%

  $1,554,910

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,019,690

  Geo Method

  $1,946,040

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,265,170

  Retail / Commercial

  $1,680,540

  Mixed-Use / Specialty

  $1,679,420

  Hospitality / Lodging

  $1,238,480

  Office

  $1,674,520

  Institutional / Educational

  $1,747,670

  Residential Income

  $2,044,770

  Multifamily

  $2,425,380

  Automotive / Energy

  $1,498,000

  Parking / Income-Based Land

  $512,128

  Restaurant / Food Service

  $883,880

  Healthcare / Senior Housing

  $1,717,220

Location Insight

City

Katy

County

Fort Bend

State

Texas

Latitude

29.7348

Longitude

-95.7688

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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