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Investment Highlights

  • High Traffic Counts
  • Great Visibility
  • Corner Lot
  • Multiple Ingress & Egress

Executive Summary

On 1 parcel, you have a parcel that was previously a gas station, which was demolished. Gas storage tanks removed. Only water tanks left. On the 2nd parcel you have a defunct adult entertainment club. Adult licenses are available upon request. Environmental test also available. All utilities are available. Of important to note, TXDOT is working on taking some frontage along Highway 45. They will be paying for this eminent domain in the next 4-8 years, and per owner's knowledge, will be used as reserve space, but it will only take up a smaller portion. Image attached of proposed TXDOT acquisition. High traffic count and high visibility

Property Facts

Price $1,450,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Auto Repair
  • Carwash
  • Fast Food
  • Parking Lot
  • Restaurant
  • Self Storage
  • Storefront, Retail or Office
Total Lot Size 1.31 AC
No. Stories 1
Opportunity Zone Yes
Zoning None

1 Lot Available

Lot

Price $1,450,000
Price Per AC $1,106,870.23
Lot Size 1.31 AC

Two adjacent parcels. Tract 1 is 26,645 sq ft Tract 2 is 32,356 sq ft

Description

Land is divisible.

Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
0461680000053
Land Assessment
$646,440
Improvements Assessment
$1,249
Total Assessment
$647,689
  • Listing ID: 31301638

  • Date on Market: 3/22/2024

  • Last Updated:

  • Address: 7926-7928 N Shepherd Dr, Houston, TX 77088

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