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7301 N Shepherd Dr - 2.93 AC Vacant Land 2.93 Acres of Commercial Land in Houston, TX 77091

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INVESTMENT HIGHLIGHTS

  • Seller Financing Option Available | Terms Subject to Negotiation
  • Close access to major freeways, 59, 45, 610, Beltway 8
  • Most of the land is outside of Flood Zone, a minimal portion lies within Zone A
  • Frontage on North Shepherd Dr. High VPD of approx. 28,580
  • I-45, is only about 0.5 mile distance
  • 95% of the land is cleared - City Utilities

EXECUTIVE SUMMARY

Seller Financing Available | Terms Subject to Negotiation
We are pleased to present an exceptional investment opportunity for commercial real estate development located at 7301 N Shepherd Dr. The property offers 2.95 acres of land situated off N. Shepherd which is a 6-lane thoroughfare and W Little York, making it a prime location for development. The surrounding area is characterized by a mix of commercial and residential properties, which ensures that the property is in a high-traffic area with a dominant presence in the car and truck industry.
The property's location provides excellent access to major freeways, including I-45, which is just half a mile away and a close proximity to the downtown and the Heights area.
One of the significant advantages of this property is that most of the land is stabilized, clean, and ready to develop, allowing for a quick turnaround time for any development plans. This feature makes it an ideal location for various commercial real estate projects, including medical buildings, hotels, retail outlets, or industrial facilities.
The property's location also boasts a high VPD of approximately 28,580, which makes it a highly visible and accessible location for businesses looking to establish a presence in the area.
Floodplain: Located in Zone X/non-special flood hazard area. A minimal portion of the property lies within Zone A, which does not have a designated Base Flood Elevation. However, nearby properties and developments have been determined by the Federal Emergency Management Agency (FEMA) to be outside the Special Flood Hazard Area.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Condition Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Carwash
Total Lot Size 2.93 AC
Opportunity Zone Yes
Zoning No Zoning - N/A

1 LOT AVAILABLE

Lot

Lot Size 2.93 AC

Vacant Property containing 2.934 Acres (127,824 square feet), Property is designated for commercial use.

DESCRIPTION

2.93 Acres of Land off on N. Shepherd and W Little York. This is a prime location for investment development, the surrounding area is characterized by commercial and residential properties. Most of the land is stabilized, clean, and ready to develop. Other Highlights: - 2.93 Acres of Land off on N. Shepherd and W Little York - Close access to I-45, about 0.5 miles - Most of the land is stabilized, clean, and ready to develop. - Close access to major freeways, 59, 45, 610, Beltway 8 - Surrounded by commercial businesses and some residential developments - High VPD of approx. 28,580 - Also Available for Lease

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0461680000096
Land Assessment
$1,179,060
Improvements Assessment
$100
Total Assessment
$1,179,160
  • Listing ID: 26648906

  • Date on Market: 9/16/2022

  • Last Updated:

  • Address: 7301 N Shepherd Dr, Houston, TX 77091

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