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Property profile & analytics
FOR LEASE
Retail space

118 Shenandoah Dr Shenandoah, TX 77381

5,600 SF 0.52 ac lot Built 1979
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US83-2387164
Property summary
AI-generated overview

This single-story, 3,600-square-foot commercial property, built in 1979, is ideally situated in Shenandoah, Texas, offering convenient access to I-45. The building is classified as Class C and features a flexible layout suitable for various office uses, including traditional, medical, and creative office spaces. Multiple tenancy options are available, with spaces ranging from a minimum of 1,800 square feet to a maximum contiguous space of 3,600 square feet. The property sits on a 0.52-acre lot and provides ample parking with a ratio of 7.43 spaces per 1,000 square feet. Zoned for mixed use, this location benefits from its proximity to major transportation routes and the vibrant The Woodlands submarket within the Houston Metro area. The lease rate is $24 per square foot, plus net fees. A 3,600-square-foot space is available with a 60-day notice. This presents a unique opportunity for businesses seeking a well-located and adaptable office space in a thriving community. The property address is 118 Shenandoah Dr, Shenandoah, TX 77381.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1979
Construction CONCRETE BLOCKS
Total area 5,600 SF
Lot 0.52 ac (22,651 SF)
APN 0350-00-04508
UPID US83-2387164
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Edge Land LLC · 1 yrs held
Edge Land LLC
since 2024
7 recorded transactions
2024
Price N/A
2016
Price N/A
2016
Price N/A
2014
Price N/A
2011
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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