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Inner Loop Retail Investment Opportunity
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3501 S Shepherd Dr, Houston, TX 77098

Retail property with value-add potential in a desirable location.

Property Size4,722 SF
Price / SF$624.74
Days on Market545

Property Features for 3501 S Shepherd Dr

General Information

Standard status Active
Size 4,722 SF
Property subtype Retail
Listing Agency: The Vincere Group
Listed By: Dan King · License #9015104
Source: Crexi
Added: Feb 10, 2025 Changed: Aug 8 Last Checked: May 12 at 8:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Vincere Group

Investment Insights

Based on property information with market context.

This property represents a value-add investment opportunity with potential for increased value. Current rents allow for repositioning and lease-up at market rates, which could improve cash flow and long-term appreciation. The property is located in the Inner Loop area, which may ensure strong tenant demand. The property size is 4722 square feet.

Key Highlights

  • Significant upside potential through repositioning and lease‑up at market rates.
  • Prime value‑add investment opportunity.
  • Desirable Inner Loop location ensures strong tenant demand.

Property Analytics

Current Use

Taqueria Vicente Restaurant DigitalMint Bitcoin ATM ... Bank Rock 'N Roll ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Nursing Home Butcher Mobile Phone Store (Bike/Boat/Book/etc) Store Supermarket Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,694
Businesses Nearby

Demographics for 77098, TX

15,717
Population
10,181
Households
1.5
Avg Household Size
36
Median Age
81%
College-Educated
99%
High-School Grad
1.8 sq mi
ZIP Area
8,732
Density / Sq Mi
$115,867
Median Household Income
$83,401
Median Earnings
$1,854
Median Rent
$777,700
Median Home Value

Market

Vacancy Rate% for Retail in Houston, TX

6.9% 2019
8.2% 2020
7.6% 2021
6.4% 2022
6% 2023
6.6% 2024
6.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property with value-add potential in a desirable location.
Where is this retail space located?
The property is located at 3501 S Shepherd Dr Houston, TX.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Significant upside potential through repositioning and lease‑up at market rates.; Prime value‑add investment opportunity.; Desirable Inner Loop location ensures strong tenant demand.
(281) 909-8889 Call to check price and availability
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