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    1324 Shepherd Dr Houston, TX 77008

    Sponsored
    For Lease
    $28 SF/Yr

    Prime Heights location, 2,189 sq ft available

    Lot size:
    24,476 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Heights Forum offers a fantastic retail opportunity in Houston's vibrant Heights neighborhood. This newly developed, two-story retail center at 1324 N Shepherd Dr, Houston, TX 77008, boasts a total of 24,476 square feet, with a single available space of 2,189 contiguous square feet. The minimum divisible space is 1,920 square feet, providing flexibility for various retail concepts. Situated in the InnerLoop/Heights submarket of Harris County, this property benefits from a high-density population

    Property Features for 1324 Shepherd Dr

    General Information

    Property type
    Shopping malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,476 SF
    Total Rate
    57110.67

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Suite 210
    Size
    2,216 SF
    Rate per SF
    $28
    Space
    Suite 230
    Size
    1,913 SF
    Rate per SF
    $28

    HighLights

    • High‑growth retail and restaurant corridor on Shepherd Drive.
    • Heights submarket; projected 4.53% population growth within 2 miles over 5 years.
    • High‑visibility glass storefront.
    • 18,654 vehicles per day on N. Shepherd Drive.
    Property Profile Location Intelligence

    Current Use by Public Records

    YogaSix Heights Yoga Studio Swish Dental Houston ... Dentist Defined Brow Co. Eyebrow Bar Le Beau Hair Salon Top Care Emergency ... Emergency Room

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -95.4096088
    Latitude
    29.7950385

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    FAQs

    What type of property is this?
    Shopping mall - Prime Heights location, 2,189 sq ft available
    Where is this shopping mall located?
    The property is located at 1324 Shepherd Dr Houston, TX.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: High-growth retail and restaurant corridor on Shepherd Drive.; Heights submarket; projected 4.53% population growth within 2 miles over 5 years.; High-visibility glass storefront.
    Request Owner's contact information
    1324 Shepherd Dr Houston, TX 77008
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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
    1324 Shepherd Dr Houston, TX 77008
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