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- LoopNet Team
20 Flys St
Shepherd, TX 77371
Land For Sale
·
0.42 AC
INVESTMENT HIGHLIGHTS
- Right Off HWY US 59
- Buildboard Signage Royalty included with property
- Great location for major exposure
PROPERTY FACTS
DESCRIPTION
Excellent commercial opportunity located directly on US Highway 59 with prime visibility and high traffic counts. This property features an 18,295 SF lot improved with a small retail shop of 1,440 SF. The building can be remodeled for future use or removed for redevelopment. There is also a residential living area of 1,440 SF. This is also a great project to remodel or redevelopment. A unique feature of this property is the billboard pole located on-site, which provides the owner with royalty income. The existing 20-year lease agreement is set to renew in November 2026, offering a stable income stream and additional investment appeal. Adjacent to this tract, the property at 11421 US 59 is also available for sale. When combined, both parcels offer a total of approximately 31,885 SF of highway frontage land, providing an excellent opportunity for larger-scale development, expansion, or investment. This offering is ideal for investors, developers, or end users seeking a high-exposure location with income potential and future growth opportunities in Shepherd, TX.
PROPERTY TAXES
| Parcel Number | 44706 | Improvements Assessment | $148,960 |
| Land Assessment | $16,850 | Total Assessment | $165,810 |
PROPERTY TAXES
