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    2920 Highway 59 Shepherd, TX 77371

    For Sale
    Contact for pricing

    Shepherd, TX: Prime Restaurant Location

    Property size:
    1,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.16-acre commercial property, located at 2920 Highway 59 N in Shepherd, Texas, presents a remarkable investment opportunity. The 1,200 square foot building is ideally situated for a restaurant, benefiting from over 114 feet of highway frontage on a high-traffic corridor. Highway 59 boasts an average daily traffic count exceeding 30,000 vehicles, ensuring significant visibility and accessibility. The property's strategic location is further enhanced by its proximity to major roadways, including Highway 150 (less than 3 miles) and FM 222 (only 2 miles), providing convenient access for customers and employees. This high-density residential and commercial area offers a captive market within a rapidly expanding region, just minutes from Cleveland and Coldspring. The property is zoned within San Jacinto County and Shepherd ISD, and the 2020 total tax rate was $2.98 per $100 of assessed value. This turnkey restaurant space is ready for immediate occupancy and presents endless possibilities for a thriving business. Don't miss this chance to capitalize on the significant growth potential in this prime location.

    Property Features for 2920 Highway 59

    General Information

    Property type
    Restaurants
    Square Feet
    1,200 SF
    Lot Size
    6,970 SF

    HighLights

    • High‑visibility location on Highway 59 with 114 feet of frontage.
    • Strong demographics: high‑density residential and commercial area with excellent freeway and retail access.
    • 1,200 SF building, move‑in ready.
    • High‑traffic location on a major commuter route.
    • Close proximity to Highways 150 and FM 222 (under 3 miles and 2 miles respectively).
    • High daily traffic counts: over 30,000 VPD on Hwy 59, 3,600 VPD on Hwy 150.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Wholesale Shop Auto Repair Shop Department Store Bar & Pub Auto Parts Store Food Market Wine and Liquor Store Farmer's Market Fish Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Shepherd
    County
    San Jacinto
    State
    Texas
    Longitude
    -94.9744454
    Latitude
    30.5336762

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    FAQs

    What type of property is this?
    Restaurant - Shepherd, TX: Prime Restaurant Location
    Where is this restaurant located?
    The property is located at 2920 Highway 59 Shepherd, TX.
    What are key features of this property?
    This property features: High-visibility location on Highway 59 with 114 feet of frontage.; Strong demographics: high-density residential and commercial area with excellent freeway and retail access.; 1,200 SF building, move-in ready.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2920 Highway 59 Shepherd, TX 77371
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