Retail Business for Sale in Katy, TX

  • Price: $435K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Katy, TX 77493

Description

Northwest corner of 0 Heritage Dr. & Katy Hockley Cut Off Rd., Katy, TX, 77493 Corner Lot Land Development Opportunity in Katy, TX, +/-0.5547 AC (24,162.732 SF). Utilities Nearby. Unrestricted Land: No easements or pipelines to impede development. Flood Zone-Free: Safe from flooding, ensuring peace of mind for future projects. This prime tract of land offers a clean slate for a variety of uses. Located at the 4-way intersection of Katy Hockley Cut Off & Heritage Rd, with frontage along Katy Hockley Cut Off & Heritage Rd. Unlock the full potential of this expansive +/-0.5547 AC (24,162.732 SF) property in Katy, Texas, where endless opportunities await! Nestled conveniently on the west side of The Grand Parkway 99, and just north of Interstate 10, this pristine land is perfectly positioned near the top-selling master-planned community, Sunterra, Heritage Park West, Camillo Lakes, and other key attractions. Location Overview: Just 30 miles west of Houston and part of the Energy Corridor, Katy is rapidly expanding while retaining its unique country feel. Known for its rich history and high quality of life, Katy offers beautiful neighborhoods, master-planned communities, and extensive green spaces. The city is celebrated for its excellent schools and supportive business environment, making it an attractive place for professionals, families, and businesses alike. Key Features/Highlights: Unrestricted Land: No easements or pipelines to impede development. Utilities Ready: Equipped with electricity, well water, and septic. Public Water & Sewer nearby. Flood Zone-Free: Safe from flooding, ensuring peace of mind for future projects. Corner Lot Land Development Opportunity in Katy, TX, 77493. +/-0.5547 AC (24,162.732 SF). Northwest corner of 0 Heritage Dr. & Katy Hockley Cut Off Rd., Katy, TX, 77493. Lot Description: Land Development Opportunity in Katy, TX. +/-0.5547 AC (24,162.732 SF) Lot. Utilities Nearby. Unrestricted Land: No easements or pipelines to impede development.

Market Context

This retail in Katy, TX is listed for sale at $434,929. It has been on the market for 24 days. Compare it against other retail listings for sale in Katy, TX — <a href="/search/sale/retail/texas/katy">view the full market</a>.

As of Q1 2026, the Houston retail market showed average asking rents near $21.28/SF/yr, and cap rates around 7.7%. Source: Consensus Q1 2026 market report.

Retail market FAQ

What is the typical cap rate for retail in Houston?
About 7.7% as of Q1 2026, per Consensus.

Unified Estimate

Medium Confidence

$17.83/SF – $24.13/SF

Mid: $20.98/SF

Rate estimator only; cost-of-business estimate unavailable.

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