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Property profile & analytics
OFF-MARKET
Specialty properties

11104 Tx-150 Shepherd, TX 77371

2,200 SF 0.48 ac lot Built 1990
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Specialty properties
Year built 1990
Total area 2,200 SF
Lot 0.48 ac (20,691 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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