Commercial Real Estate Katy TX
Would you like to invest in commercial real estate in Katy, TX? There are currently 197 listings in the community. These range in price from as high as $6 million, down to the upper hundreds of thousands. Business real estate opportunities can be big moneymakers. From strip malls and offices to industrial parks, you’ll be pleased with the variety of properties available on the market today.
Many people find themselves deciding between doing real estate investments in the commercial or residential sector. Business properties are worth considering. Those that have tenants as well as restaurants tend to do better over time than residences. Likewise, it’s easier to add value to these options, which you can do by renovating the interior. This could justify higher rent amounts as well.
Could commercial property be your best bet for an investment? Consider both relative risks and expected returns. Leasing to a corporate client could be more beneficial than simply renting out a house to tenants as a landlord. While acquiring these properties tends to be understandably more expensive, the long leases and greater financial returns are well worth it for a wise investor.
As with any form of investment, you’ll want to talk to a REALTOR® who can help you assess potential risks and drawbacks. Zoning ordinances and the like are certainly more complex. In 2022, Katy’s City Council revised the criteria for the first time since 1983. Work with a professional familiar with these updates and how they could impact your plans! Schedule a consultation at your earliest convenience.
City of Katy: https://www.cityofkaty.com/
- Commercial real estate in Katy, TX, can be a great investment.