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1430 Research Forest Dr 4,582 SF Retail Building Shenandoah, TX 77381 For Sale
Investment Highlights
- Hard corner location at the intersection of Research Forest Drive and Holly Hill Drive.
- Approximate traffic count of ±43,112 vehicles per day offering strong visibility.
- Lot size is approximately ±1.9 acres with 30+ surface parking spaces and full utilities on-site.
- Freestanding bank building situated in Shenandoah, within The Woodlands submarket.
- Single-story building constructed in 2004 with a total size of ±4,932 SF.
- Currently tenant-occupied by Prosperity Bank, featuring multiple drive-through lanes.
Executive Summary
Rare freestanding bank/retail pad on a signalized hard corner of Research Forest Drive in the City of Shenandoah — the heart of The Woodlands submarket. The ±4,932 SF building sits on ±1.901 acres with multiple drive-through lanes, canopy, 30+ surface parking spaces, and all utilities on-site. Currently occupied by Prosperity Bank. Located within The Woodlands' premier bank corridor, surrounded by Huntington, Comerica, Woodforest, and PlainsCapital. ±43,112 VPD on Research Forest Dr; one-half mile from I-45. Median household income of $110,005 within 1 mile. Ideal for financial services, medical, dental, professional office, urgent care, or QSR with drive-through.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
4,582 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.90 AC
Zoning
Commercial
Parking
36 Spaces (7.86 Spaces per 1,000 SF Leased)
Frontage
71’ on Research Forest Dr
Amenities
- Pylon Sign
- Drive Thru
Moderately walkable
70/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 9721-54-00100 | Improvements Assessment | $915,790 |
| Land Assessment | $2,484,210 | Total Assessment | $3,400,000 |
Property Taxes
Parcel Number
9721-54-00100
Land Assessment
$2,484,210
Improvements Assessment
$915,790
Total Assessment
$3,400,000
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1430 Research Forest Dr