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1526 Katy Gap Rd
Katy, TX 77494
Building 4 · Office Property For Sale
Investment Highlights
- Excellent opportunity for Investors. All 4 units are currently leased to great tenants. FALCON RIDGE OFFICE CONDOS Building 4
Executive Summary
Prime investment opportunity. All 4 units are currently leased to great tenants.
FALCON RIDGE OFFICE CONDOS
Building 4 for sale
Description:
• 4 offices, with sizes of 1,225 square feet each, that include offices/conference room, kitchen, restroom, closets and reception area.
• Single-story with private front-door entrances and surface parking.
• Wood floors in hallways and reception area and granite countertops in kitchen are included.
• Fully landscaped and maintained as part of a Community Management Association.
• Available and finished 100%.
• High-end finishes.
• Each unit includes individual HVAC with separately metered electricity
FALCON RIDGE OFFICE CONDOS
Building 4 for sale
Description:
• 4 offices, with sizes of 1,225 square feet each, that include offices/conference room, kitchen, restroom, closets and reception area.
• Single-story with private front-door entrances and surface parking.
• Wood floors in hallways and reception area and granite countertops in kitchen are included.
• Fully landscaped and maintained as part of a Community Management Association.
• Available and finished 100%.
• High-end finishes.
• Each unit includes individual HVAC with separately metered electricity
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,900 SF
Building Class
B
Year Built
2018
Price
$3,734,500 CAD
Price Per SF
$762.14 CAD
Cap Rate
4.36%
NOI
$162,960 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,225 SF
Building FAR
0.03
Lot Size
3.61 AC
Zoning
Commercial - Office Condo
Parking
71 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
- Central Heating
- Air Conditioning
Property Taxes
| Parcel Number | 1391330010001 | Improvements Assessment | $425,158 CAD |
| Land Assessment | $67,951 CAD | Total Assessment | $493,109 CAD |
Property Taxes
Parcel Number
1391330010001
Land Assessment
$67,951 CAD
Improvements Assessment
$425,158 CAD
Total Assessment
$493,109 CAD
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