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- LoopNet Team
521 W Grand Pkwy S
Katy, TX 77494
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Located in Cinco Ranch, on Grandparkway and I 10 Katy freeway, a free-standing beautiful building on 0.7 Acres of land.
- The property is positioned near the major intersection of I-10 and the Grand Parkway and features a highly visible pylon sign.
- Situated within dense employment hub comprised of over 12.6 million square feet of office, medical and flex industrial space.
- The property is nestled in immediate proximity to 39,000 homes, thus located in an established housing market with-in 3-mile radius.
- Ideal end-user opportunity. No Restrictions.
- Surrounded by a rapidly expanding trade area with a dense population within a 5-mile radius.
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
ABOUT 521 W GRAND PKWY S , KATY, TX 77494
Located 25 miles west of Houston's Central Business District, Katy is a nationally recognized, premier suburb of Houston with one of the top-rated and fastest growing school districts in the Houston MSA. The area has experienced tremendous growth over the past 25 years and since 2010 has expanded by more than 21%, bringing the current population to over 340,000 people. Katy is expected to grow an additional 15% over the next five years, bringing the population to 550,000 by the year 2035. The economy in the great Katy area includes over 11,000 companies with over 200 corporate headquarters, attributing to over $21 billion in sales. Situated along Interstate 10, Katy is adjacent to Houston's renowned Energy Corridor with over 24 million SF of office. Leading area employers in Katy and the Energy Corridor include: Katy ISD, Academy Sports, BP North America, ConocoPhillips, GEICO, Schlumberger, Methodist Hospital West, Texas Children's Hospital West and Memorial Hermann Katy. Katy is comprised of 13 master-planned communities with over 108,000 total homes. The property is located in close proximity to notable communities including Falcon Point, Cimarron and Cinco Ranch, an affluent 8,092 acre master-planned community which has previously claimed the top spot as the most active community of home building in the United States and has fueled the residential growth in Katy for the last two decades.
PROPERTY TAXES
| Parcel Number | 1210750010004 | Improvements Assessment | $817,985 |
| Land Assessment | $1,120,000 | Total Assessment | $1,937,985 |
PROPERTY TAXES
