1431 Shepherd DrHouston, TX 77008

  • Specialty properties
  • 6,379 SF

Property Details for 1431 Shepherd Dr

Year built
1928
Construction
WOOD FRAME
Lot size
0.63 AC
Property size (Sq ft)
6,379 SF
Property type
Specialty properties
APN
1251220010001
APU
1251220010001

Description

This exceptional 7,000 square foot medical office building, situated on a 0.75-acre lot in Houston, Texas, presents a unique investment opportunity. Located at 1431 N Shepherd Dr, in the desirable 77008 zip code within Harris County, this single-tenant property offers complete flexibility for a new medical practice or expansion. The entire building is currently vacant, providing immediate occupancy for a prospective tenant. The property's classification includes Retail, Office, and Land designations, offering potential for diverse uses within the medical field. The building's substantial size allows for a wide range of configurations to accommodate various medical specialties and support staff. The 0.75-acre lot provides ample parking and potential for future expansion or development. This prime location in Houston offers excellent visibility and accessibility, ensuring convenient access for patients and staff. The property is available for lease and represents a rare opportunity to secure a significant medical office space in a thriving Texas market. Interested parties are encouraged to inquire for further details and leasing information. The property is zoned appropriately for medical use. This is a single-tenant building, offering a streamlined leasing process and management. The address is 1431 N Shepherd Dr, Houston, TX 77008.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,495,360
    Hospitality
    $1,369,741
    Educational
    $1,139,609
    Medical
    $1,178,802
    Retail
    $1,772,725

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7971
Longitude
-95.4104
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
2022
$56,388
$2,732,500
$96,712
$2,829,212
-
$2,732,500
$96,712
$2,829,212

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