11104 Tx-150 Shepherd, TX 77371
This exceptional commercial property in Shepherd, Texas, offers a variety of flexible office spaces ideal for various business needs. Located at 11104 TX-150, this property features three units totaling 2,200 square feet, situated on a 0.47 acre lot. The units can be leased individually or combined, offering maximum flexibility. Unit #300 and #400, totaling 1,400 square feet, are available for $1,750 per month. Unit #500, offering 800 square feet, is available for $1,000 per month. Alternatively, all three units can be leased together for $2,750 per month. Each unit offers a unique layout, accommodating businesses requiring larger open spaces or smaller office setups. Built in 1990, the property includes two buildings and seven parking spaces. The property boasts a prime location at the intersection of TX-150 and South Byrd Avenue, ensuring high visibility and convenient access. Its proximity to other businesses and a pedestrian crosswalk adds to its appeal. The property is situated in a strip center, sharing space with El Taquito, and benefits from high traffic volume on South Byrd Avenue. This presents a unique opportunity for businesses seeking a well-located, adaptable space in the heart of downtown Shepherd. The minimum leasable space is 800 square feet, with a maximum contiguous space of 2,200 square feet. Currently, 2,200 square feet is vacant.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.