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    2421 Shepherd Dr Houston, TX 77019

    Sponsored
    For Lease
    Contact for pricing

    Prime Houston Retail Space Available

    Lot size:
    10,039 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional River Oaks property offers over 10,000 square feet of retail space, situated on a 0.558-acre lot (24,323 square feet) in the desirable Harris County submarket. The entire building, totaling 10,039 square feet, is currently vacant and available for lease. This presents a unique opportunity for a single tenant to occupy the entire space or for multiple tenants, with a minimum divisible unit of 1,500 square feet. The property's versatile nature allows for a variety of uses, including retail, restaurant, or other commercial ventures. Its location in the vibrant River Oaks area of Houston offers high visibility and accessibility to a significant customer base. The substantial lot size provides ample space for potential expansion, outdoor seating, or additional development. This is a rare chance to secure a prominent commercial property in one of Houston's most sought-after neighborhoods. The property's size and location make it ideal for a variety of businesses seeking a high-impact presence in a thriving market. The flexible lease terms offer significant potential for growth and success. Don't miss this opportunity to establish your business in this prime location.

    Property Features for 2421 Shepherd Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,039 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    10,039 SF

    HighLights

    • 10,039 SF retail building and 24,323 SF land parcel available for lease.
    • Multiple tenancy options available, with a minimum divisible space of 1,500 SF.
    • Entire building (10,039 SF) currently vacant.
    • Located in the River Oaks submarket of Houston, Harris County.
    • Property is suitable for retail, restaurant, or other commercial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Bead Shop Bead Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4105838
    Latitude
    29.7436814

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    FAQs

    What type of property is this?
    Restaurant - Prime Houston Retail Space Available
    Where is this restaurant located?
    The property is located at 2421 Shepherd Dr Houston, TX.
    What are key features of this property?
    This property features: 10,039 SF retail building and 24,323 SF land parcel available for lease.; Multiple tenancy options available, with a minimum divisible space of 1,500 SF.; Entire building (10,039 SF) currently vacant.
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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
    2421 Shepherd Dr Houston, TX 77019
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