4732 Shepherd DrHouston, TX 77018

Property Details for 4732 Shepherd Dr

Year built

1970

Construction

STEEL FRAME

Lot size

0.52 AC

Property size (Sq ft)

6,875 SF

Property type

Retail space

APN

610310000003

APU

610310000003

Description

This exceptional retail property, located at 4732 N Shepherd Dr in Houston, Texas (zip code 77018), offers a versatile investment opportunity within the thriving Harris County market. The property is classified as a shopping center with multiple tenancies and boasts a total building area of 6,803 square feet. Currently, there is at least one available space, ranging in size from 1,200 square feet up to the entire 6,803 square feet, presenting flexibility for various retail concepts. The property's prime location in Houston offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a busy commercial area. The property type is retail, providing a solid foundation for a diverse range of retail ventures. This presents a unique chance to acquire a well-situated retail space in a dynamic and growing market. The property's size and flexible space options cater to a wide spectrum of business needs, from smaller boutiques to larger retail establishments. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed property information and lease terms are available upon request. This is a rare opportunity to secure a prominent retail presence in a high-traffic area of Houston.

• CAP approach

  CAP return

  Valuation

  6%

  $2,069,777

  6.5%

  $1,910,563

  7%

  $1,774,094

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,560,796

  Geo Method

  $5,186,932

• Alternative Use

  Use

  Valuation

  Residential

  $1,611,632

  Hospitality

  $1,476,246

  Educational

  $1,228,219

  Medical

  $1,270,460

  Retail

  $1,910,563

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.8344

Longitude

-95.4104

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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