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24902 Franz Rd 18,657 SF Specialty Building Offered at $7,600,000 in Katy, TX 77493
Investment Highlights
- Fully operational 10-AC Event Center in Katy, TX. 2 minutes north of I-10 on Franz Rd by Katy Ft Bend Rd.
- Two elevators, two furnished ready rooms, six restrooms (2 on each floor), catering kitchen.
- 3-story 18,657 SF bldg w/ 2 elevators to the 3rd level roof-top terrace on 10 acres, which can be subdivided for pad sites/retail on Franz Rd by CVS
- Suitable for an event center, church, self-storage, office, multifamily, and retail development.
Executive Summary
Property is located in Katy, TX, 2 minutes north of I-10 on Franz Rd by Katy Ft. Bend Rd. The property consists of 10 acres outside the City Limits of Katy. Existing building is 3-stories including the rooftop terrace and is used as a furnished event center. Building has two elevators (passenger and service), 2 stairwells, a 2nd floor reception hall, a roof-top terrace, 6 restrooms (2 on each floor), two ready rooms and a catering kitchen. Includes 500' of frontage on Franz Rd adjacent to, and sharing a driveway, with CVS. Contact Broker regarding touring, subdividing, purchasing or ground leasing a pad site, or leasing retail space in a new retail center on Franz Rd by CVS.
Property Facts
Amenities
- Air Conditioning
- Cafe
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Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1383520010001 | Improvements Assessment | $2,799,014 |
| Land Assessment | $1,748,723 | Total Assessment | $4,547,737 |
Property Taxes
Parcel Number
1383520010001
Land Assessment
$1,748,723
Improvements Assessment
$2,799,014
Total Assessment
$4,547,737
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Presented by
Transaction Real Estate, LLC
24902 Franz Rd
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