23400 Colonial Pky, Katy, TX 77493 – Heavy Industrial/Manufacturing

IndustrialYear Built 2012Total Assessed Value $72,166,553County Harris

Property Details

The Industrial property 23400 Colonial Pky, Katy, TX 77493 is located in Harris County. The specific property type is Heavy Industrial/Manufacturing. The total assessed value of this property is $72,166,553.

The gross building area is 329,918 square feet and the land area is 835,699 square feet for this Heavy Industrial/Manufacturing built in 2012.

Legal description: Res A Blk 1 Williamsburg Township Sec 1 Par R/P

$72,166,553

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 23400 Colonial Pky, Katy, TX 77493, Industrial

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Property Information

Property TypeIndustrial

Sub Property TypeHeavy Industrial/Manufacturing

Building Area329,918

Land Size835,699

Land Value$15,627,320

Improved Value$56,539,233

Total Assessed Value$72,166,553

Year Built2012

County NameHarris

Account Number1153090010001

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingForced air unit

Type ConstructionSteel

Elevator

Exterior WallsConcrete block

Sales History

11/15/2011

Arms-lengthNot Disclosed

Buyer

Schlumberger Technology Corporation

Seller

United Central Bank

Book Number

20110489889

Recording Date

11/15/2011

Transaction Details

Schlumberger Technology Corporation acquired the property from United Central Bank through a Arms-length transaction on 11/15/2011 for .

1/4/2011

Foreclosure$3,024,000

Buyer

United Central Bank

Seller

Vip Katy Holding Ltd

Book Number

20110005201

Recording Date

1/4/2011

Transaction Details

United Central Bank acquired the property from Vip Katy Holding Ltd through a Foreclosure transaction on 1/4/2011 for $3,024,000.

12/11/2007

Arms-lengthNot Disclosed

Buyer

Vip Investment 8

Seller

J Patrick & Associates Inc

Book Number

20070732361

Recording Date

12/11/2007

Transaction Details

Vip Investment 8 acquired the property from J Patrick & Associates Inc through a Arms-length transaction on 12/11/2007 for .

12/11/2007

Arms-lengthNot Disclosed

Buyer

Bellaire Mart Ltd

Seller

J Patrick & Associates Inc

Book Number

20070732362

Recording Date

12/11/2007

Transaction Details

Bellaire Mart Ltd acquired the property from J Patrick & Associates Inc through a Arms-length transaction on 12/11/2007 for .

12/11/2007

Arms-length$4,712,500

Buyer

Vip Katy Holding Ltd

Seller

Vip Investment 8

Book Number

20070732365

Recording Date

12/11/2007

Transaction Details

Vip Katy Holding Ltd acquired the property from Vip Investment 8 through a Arms-length transaction on 12/11/2007 for $4,712,500.

12/11/2007

Arms-length$4,712,500

Buyer

Vip Katy Holding Ltd

Seller

Vip Investment 8

Book Number

20110441699

Recording Date

12/11/2007

Transaction Details

Vip Katy Holding Ltd acquired the property from Vip Investment 8 through a Arms-length transaction on 12/11/2007 for $4,712,500.

Property constructed in 2012

YSale Price (USD) byXSales Year

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Mortgage History

11/13/2009

Sale$3,763,500

Borrower

Vip Katy Holding Ltd

Lender

United Central Bank

Book Number

2009.523347

Recording Date

11/13/2009

Transaction Details

Vip Katy Holding Ltd borrowed the property from United Central Bank through a transaction on 11/13/2009 for $3,763,500.

Property constructed in 2012

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$15,627,320	$57,360,772	$72,988,092	$72,988,092	Schlumberger Technol...	155 Industrial Blvd ...	Res A Blk 1 Williams...	9656.20	-	835,699	329,918
2025	$15,627,320	$56,539,233	$72,166,553	$72,166,553	Schlumberger Technol...	155 Industrial Blvd ...	Res A Blk 1 Williams...	9656.20	-	835,699	329,918
2024	$7,813,660	$56,797,402	$64,611,062	$64,611,062	Schlumberger Technol...	155 Industrial Blvd ...	Res A Blk 1 Williams...	9656.20	-	835,699	329,918
2023	$6,250,928	$58,447,144	$64,698,072	$64,698,072	Schlumberger Technol...	155 Industrial Blvd ...	Res A Blk 1 Williams...	9656.20	WILLIAMSBURG TOWNSHI...	835,699	329,918
2022	$4,688,196	$33,491,804	$38,180,000	$38,180,000	Schlumberger Technol...	155 Industrial Blvd ...	Res A Blk 1 Williams...	9656.20	WILLIAMSBURG TOWNSHI...	835,699	329,918
2021	$4,688,196	$30,911,804	$35,600,000	$35,600,000	Schlumberger Technol...	155 Industrial Blvd ...	Res A Blk 1 Williams...	9656.20	WILLIAMSBURG TOWNSHI...	835,699	329,918
2020	$4,688,196	$30,361,804	$35,050,000	$35,050,000	Schlumberger Technol...	155 Industrial Blvd ...	Res A Blk 1 Williams...	9656.20	-	835,699	329,918
2019	$4,688,196	$28,311,804	$33,000,000	$33,000,000	Schlumberger Technol...	155 Industrial Blvd ...	Res A Blk 1 Williams...	9656.20	WILLIAMSBURG TOWNSHI...	835,699	329,918
2018	$4,688,196	$28,311,804	$33,000,000	$33,000,000	Schlumberger Technol...	155 Industrial Blvd ...	Res A Blk 1 Williams...	9656.20	WILLIAMSBURG TOWNSHI...	835,699	339,590
2017	$4,688,196	$28,311,804	$33,000,000	$33,000,000	Schlumberger Technol...	155 Industrial Blvd ...	Res A Blk 1 Williams...	9656.20	WILLIAMSBURG TOWNSHI...	835,699	339,590

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Showing 1 to 10 of 18 entries

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
23400 Colonial Pky, Katy, TX 77493	1153090010001	Industrial	Heavy Industrial/Manufacturing	Schlumberger Technology Corp	Harris	-	-	-	-	2012	329,918	-
6550wuligerway, North Richland Hills, TX 76148	01429078	Industrial	Heavy Industrial/Manufacturing	Tlp 6550 Wuliger Way Llc	Tarrant	229.5	$ 14,015,034	2026-01-21	$ 113.10	1981	123,912	1
312 S International Rd, Garland, TX 75042	26099500010010000	Industrial	Heavy Industrial/Manufacturing	Garland Steel Inc	Dallas	222.9	$ 3,892,910	2025-04-03	$ 23.81	1973	163,523	-
200 N Beverly St, Crowley, TX 76036	42220198	Industrial	Heavy Industrial/Manufacturing	Aztec Manufacturing Co Etal	Tarrant	215.3	$ 3,591,000	2025-04-04	$ 15.25	1972	235,506	1
12050 49th St N, Pinellas Park, FL 33762	09-30-16-70992-400-0802	Industrial	Heavy Industrial/Manufacturing	12050 Geezo Llc	Pinellas	806.7	$ 6,655,000	2023-10-12	$ 65.14	2003	102,170	-
1211 Hook Dr, Middletown, OH 45042	Q6511-027.000-002	Industrial	Heavy Industrial/Manufacturing	Fry Steel Company	Butler	936.4	$ 2,153,278	2023-04-03	$ 21.50	2008	100,163	1
3001 Tech Dr N, St Petersburg, FL 33716	11-30-16-08526-000-0010	Industrial	Heavy Industrial/Manufacturing	Scribe Propco Inc	Pinellas	808.1	$ 18,020,000	2024-06-20	$ 105.28	1999	171,163	-
235 River Rd, Rockingham, NC 28379	746207594532	Industrial	Heavy Industrial/Manufacturing	Mount Vernon Mills Inc	Richmond	1003.0	$ 9,500,000	2023-03-27	$ 60.67	1973	156,574	-
7051 Eagle Blvd, Frederick, CO 80504	1313-26-4-01-001	Industrial	Heavy Industrial/Manufacturing	Agilent Technologies Inc	Weld	886.1	$ 1,685,772	2023-01-12	$ 12.58	2017	134,044	-
10000 Nw 15 Ter, Doral, FL 33172	35-3032-029-0010	Industrial	Heavy Industrial/Manufacturing	Nw Fl Logistics Llc	Miami-Dade	987.1	$ 46,500,000	2024-10-01	$ 230.40	2000	201,827	-
350 Southwood Ct, Bowling Green, KY 42101	029A-35	Industrial	Heavy Industrial/Manufacturing	Mcc Manufacturing Inc	Warren	731.8	$ 6,900,000	2024-11-01	$ 15.33	1994	450,150	1

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	23400 Colonial Pky, Katy, TX 77493	—	-	835,699	2012	329,918	$ 72,166,553	$ 15,627,320	-
Harvest Commercial Capital Llc	2155 Fm Rd 1187, Mansfield, TX 76063	08/28/2025	$ 3,219,250	594,986	1988	60,800	$ 4,022,282	$ 594,986	-
Citibank Na	16331 Market St, Channelview, TX 77530	06/30/2025	$ 450,000,000	143,539	1993	79,432	$ 8,675,482	$ 861,234	Tenet Equity Funding Spe Iv Llc
Gf Llc	9200 Telephone Rd, Houston, TX 77075	06/26/2025	$ 2,000,000	182,865	1974	59,010	$ 2,730,000	$ 457,163	9200 Telephone Road Llc
Cadence Bank Na	204 Shelby Rd, Everman, TX 76140	04/22/2025	$ 1,050,000	55,540	1999	10,140	$ 680,950	$ 91,641	Wild Mccarthy Properties Llc
Veritex Community Bank	808 E Kennedale Pkwy, Kennedale, TX 76060	04/10/2025	$ 724,515	84,506	1950	14,900	$ 311,000	$ 207,040	Cadillac Investments Llc
Woodforest National Bank	200 N Beverly St, Crowley, TX 76036	04/04/2025	$ 2,700,000	148,543	1972	1,742	$ 51,990	$ 51,990	Race Rock Crowley Llc
Woodforest National Bank	200 N Beverly St, Crowley, TX 76036	04/04/2025	$ 2,700,000	996,933	1972	235,506	$ 4,710,120	$ 348,927	Race Rock Crowley Llc
Frontier Bank Of Texas	402 Technology Dr, Bastrop, TX 78602	02/21/2025	$ 200,000	174,240	2006	11,589	$ 975,583	$ 285,000	Howard Designs Limited Llc
Worthington Bank	1120 Enterprise Pl, Arlington, TX 76001	01/30/2025	$ 1,250,000	88,000	1985	17,000	$ 756,000	$ 308,000	7404 Business Place Llc
Stellar Bank	502 S Navigation Blvd, Corpus Christi, TX 78405	01/22/2025	$ 1,500,000	126,524	2013	25,096	$ 2,386,297	$ 253,048

Mean$ 24,247,547

Median$ 1,986,325.0

Loan Amount Range$ 200,000 - $ 450,000,000

Showing 1 to 10 of 26 entries

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Tenant Details

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Search:

Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
23400 COLONIAL PKWY, KATY, TX 77493-3598	DYNA DRILL TECHNOLOGIES INC	2812271250	OIL FIELD EQUIPMENT-MANUFACTURERS
23400 COLONIAL PKWY, KATY, TX 77493-3598	SCHLUMBERGER RIG TECH INC	7138491700	OIL FIELD SERVICE

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Tenant Industry Distribution

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License Details

License Number

13642836277

Permit Holders

Issued By

Franchise Tax Permit Holders

State Authority

Issue Date

5/12/1999

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	SCHLUMBERGER RIG TECHNOLOGY IN
	Address Line	23400 colonial pkwy
	City / State / Zip	katy TX 77493
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48201
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	77493
Registration Details	SOS Code	A

License Timeline

License Issued

5/12/1999

Currently Active

Status: -

Renewal Required

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