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20 Flys St 1,440 SF Retail Building Shepherd, TX 77371 $200,000 ($138.89/SF)
INVESTMENT HIGHLIGHTS
- Right Off HWY US 59
- Billboard Signage Royalty included with property
- Great location for major exposure
EXECUTIVE SUMMARY
Commerical Land 18,295 up for sale at $200,000. Property needs work great for investors. Off HWY US 59. 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.
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 FACTS
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,440 SF
Building Class
C
Year Built
1990
Price
$200,000
Price Per SF
$138.89
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes
PROPERTY TAXES
| Parcel Number | 44706 | Improvements Assessment | $148,960 |
| Land Assessment | $16,850 | Total Assessment | $165,810 |
PROPERTY TAXES
Parcel Number
44706
Land Assessment
$16,850
Improvements Assessment
$148,960
Total Assessment
$165,810
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20 Flys St
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