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    171 Acres Us-59 Shepherd, TX 77371`

    For Sale
    $6,521,294

    171 Acres, High Visibility, Mixed-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 171.613-acre commercial land parcel presents a remarkable investment opportunity in Shepherd, Texas. Strategically located on the corner of US Highway 59 and Shepherd Tram Road, this property boasts unparalleled visibility and accessibility. The high and dry acreage is completely unrestricted, offering flexibility for a wide range of development projects. Imagine the possibilities: a mixed-use development combining commercial ventures with residential components, or a large-scale commercial enterprise taking advantage of the prime highway frontage. The property's size and location make it ideal for businesses seeking high traffic exposure and a strong presence in a growing area. With APNs 41608 and 41636, this significant landholding is ready for your vision. The asking price is $6,521,294. Located in San Jacinto County, Texas, with a zip code of 77371, this property offers a unique blend of location, size, and development potential. The expansive wooded acreage provides a beautiful backdrop for any development, while the high visibility ensures maximum impact. Don't miss this chance to acquire a truly exceptional commercial property in a thriving Texas market.

    Property Features for 171 Acres Us-59

    General Information

    Property type
    Land
    Lot Size
    7,475,462 SF

    HighLights

    • High‑traffic location with excellent visibility.
    • Corner lot offering ample acreage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shepherd
    County
    San Jacinto
    State
    Texas
    Longitude
    -94.987140663641
    Latitude
    30.504272430328

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    FAQs

    What type of property is this?
    Land - 171 Acres, High Visibility, Mixed-Use Potential
    Where is this land located?
    The property is located at 171 Acres Us-59 Shepherd, TX.
    What is the asking price?
    The asking price for this property is $6,521,294.
    What are key features of this property?
    This property features: High-traffic location with excellent visibility.; Corner lot offering ample acreage.;
    Request Owner's contact information
    171 Acres Us-59 Shepherd, TX 77371`
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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
    171 Acres Us-59 Shepherd, TX 77371`
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