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    7301 Shepherd Dr Houston, TX 77091

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    For Sale
    Contact for pricing

    2.95 Acres, Prime Houston Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 2.95-acre commercial land parcel presents a significant investment opportunity in Houston, Texas. Situated at 7301 N Shepherd Dr, this property enjoys a high-traffic location on a six-lane thoroughfare, offering excellent visibility and accessibility. Its proximity to major freeways, including I-45 (less than half a mile away), and the downtown and Heights areas, ensures strong connectivity. The land is largely stabilized, clean, and ready for immediate development, minimizing delays. This makes it suitable for a variety of commercial projects, such as medical buildings, hotels, storage facilities, retail spaces, or industrial facilities. The area boasts a diverse mix of commercial and residential properties, contributing to high vehicle traffic (approximately 28,580 vehicles per day). While located within Houston city limits, note that a portion of the property falls within the 100-year floodplain. The property's APN is 0461680000096. Seller financing and leasing options are available. This property offers a unique blend of location, accessibility, and development-readiness, making it an attractive proposition for discerning investors. The property is in Harris County, Texas, zip code 77091. Access to freeways 59, 45, 610, and Beltway 8 is also convenient.

    Property Features for 7301 Shepherd Dr

    General Information

    Property type
    Land
    Lot Size
    128,502 SF

    HighLights

    • Seller financing available.
    • Lease option available.
    • 2.95‑acre commercial lot at N. Shepherd & W. Little York.
    • Less than 0.5 miles to I‑45.
    • Mostly stabilized, clean, and ready for development.
    • Convenient access to freeways 59, 45, 610, and Beltway 8.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.412784236078
    Latitude
    29.867180260558

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    FAQs

    What type of property is this?
    Land - 2.95 Acres, Prime Houston Location
    Where is this land located?
    The property is located at 7301 Shepherd Dr Houston, TX.
    What are key features of this property?
    This property features: Seller financing available.; Lease option available.; 2.95-acre commercial lot at N. Shepherd & W. Little York.
    (832) 516-9515
    Request Owner's contact information
    7301 Shepherd Dr Houston, TX 77091
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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
    7301 Shepherd Dr Houston, TX 77091
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