7473 Shepherd DrHouston, TX 77091

  • Drive through restaurants
  • 1,729 SF
For Lease

Property Details for 7473 Shepherd Dr

Year built
1984
Construction
BRICK
Lot size
0.51 AC
Property size (Sq ft)
1,729 SF
Property type
Drive through restaurants
APN
461680000081
APU
461680000081

Description

This freestanding restaurant building in Houston, Texas presents a unique investment opportunity. Situated on a half-acre lot at 7473 N Shepherd Dr, in the 77091 zip code within Harris County, this retail property offers a prime location for a drive-thru restaurant operation. The property is currently available for lease and features multiple spaces. While the exact building square footage is not currently specified, the substantial lot size ensures ample space for potential expansion or outdoor seating. The address is easily accessible from N Shepherd Dr, placing it within a high-traffic area, ideal for maximizing customer reach and revenue potential. This property is perfect for an established restaurant chain looking to expand its presence in the Houston market or for a new concept seeking a strong foothold in a vibrant commercial area. The property's drive-thru capability is a significant advantage in today's fast-paced market, catering to the convenience needs of modern consumers. Serious inquiries are encouraged to explore this exceptional leasing opportunity. The property is zoned for retail use, specifically restaurants. This is a rare opportunity to secure a prominent location in a thriving Houston neighborhood.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $520,530
    6.5%
    $480,489
    7%
    $446,169
  • Comparable approach

    Method
    Valuation
    Relative Method
    $644,017
    Geo Method
    $1,304,466
  • Alternative Use

    Use
    Valuation
    Residential
    $405,311
    Hospitality
    $371,262
    Educational
    $308,886
    Medical
    $319,509
    Retail
    $480,489
7473 Shepherd Dr, Houston, Texas

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.8683
Longitude
-95.4132
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$6,219
$263,964
$316,939
$580,903
-
$263,964
$316,939
$580,903

FAQs

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