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    1607 Shepherd Dr Houston, TX 77008

    Sponsored
    For Lease
    Contact for pricing

    Prime Houston location, 10,000 sqft.

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail development opportunity is situated in Houston's desirable Heights submarket, at the corner of North Shepherd Drive and West 16th Street. The property boasts a total building area of 10,000 square feet, offering significant potential for a variety of commercial uses, including retail, restaurant, or a combination thereof. The expansive lot size ranges from 18,376 to 48,801 square feet, providing ample space for development and expansion. The property is classified as single-tenancy, presenting a unique opportunity for a single operator to establish a prominent presence in this vibrant neighborhood. The address is 1607 N Shepherd Dr, Houston, TX 77008. Multiple building configurations are available, allowing for customization to meet specific business needs. This prime location offers excellent visibility and accessibility, with convenient access to major thoroughfares and a thriving community. The property's zoning and potential uses should be verified independently. This is an exceptional chance to acquire a well-positioned commercial property in a high-demand area of Houston. The land area is confirmed at 18,376 square feet. This presents a rare opportunity for a business seeking a strong foothold in the Heights.

    Property Features for 1607 Shepherd Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF

    Unit(s) available at that property

    Space
    Size
    5,270 SF

    HighLights

    • 10,000 SF retail building in Houston's Heights submarket at 1607 N Shepherd Dr, Houston, TX 77008.
    • 18,376 SF lot, offering expansion potential.
    • Single‑tenancy building with multiple configuration options.
    • Excellent visibility and accessibility on North Shepherd & West 16th.
    • Suitable for retail or restaurant use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto Exper Tees Auto Repair Shop North Shepherd State ... Auto Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.41037
    Latitude
    29.8001308

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    FAQs

    What type of property is this?
    Restaurant - Prime Houston location, 10,000 sqft.
    Where is this restaurant located?
    The property is located at 1607 Shepherd Dr Houston, TX.
    What are key features of this property?
    This property features: 10,000 SF retail building in Houston's Heights submarket at 1607 N Shepherd Dr, Houston, TX 77008.; 18,376 SF lot, offering expansion potential.; Single-tenancy building with multiple configuration options.
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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
    1607 Shepherd Dr Houston, TX 77008
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