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    1431 Shepherd Dr Houston, TX 77008-3753

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    1431 Shepherd Dr Houston, TX 77008-3753


    • Specialty properties
    • 6,379 SF
    • 0.63 lot acres
    Off-Market
    Property ID
    US82-3971996
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $595,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 1431 Shepherd Dr

    Year built
    1928
    Construction
    WOOD FRAME
    Lot size
    0.63 lot acres
    Property size
    6,379 SF
    Property type
    Specialty properties
    APN
    1251220010001
    APU
    1251220010001

    Description

    This exceptional 7,000 square foot medical office building, situated on a 0.75-acre lot in Houston, Texas, presents a unique investment opportunity. Located at 1431 N Shepherd Dr, in the desirable 77008 zip code within Harris County, this single-tenant property offers complete flexibility for a new medical practice or expansion. The entire building is currently vacant, providing immediate occupancy for a prospective tenant. The property's classification includes Retail, Office, and Land designations, offering potential for diverse uses within the medical field. The building's substantial size allows for a wide range of configurations to accommodate various medical specialties and support staff. The 0.75-acre lot provides ample parking and potential for future expansion or development. This prime location in Houston offers excellent visibility and accessibility, ensuring convenient access for patients and staff. The property is available for lease and represents a rare opportunity to secure a significant medical office space in a thriving Texas market. Interested parties are encouraged to inquire for further details and leasing information. The property is zoned appropriately for medical use. This is a single-tenant building, offering a streamlined leasing process and management. The address is 1431 N Shepherd Dr, Houston, TX 77008.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $475,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $708,000
      Market price range: $361k - $709k
    • Alternative Use

      Use
      Estimation
      VETERINARY, ANIMAL HOSPITAL
      $535,000
      Current use
      AUTO REPAIR, GARAGE
      $830,000
      Change: +56% Conversion: Difficult
      RESTAURANT
      $795,000
      Change: +49% Conversion: Difficult
      RETAIL STORES
      $670,000
      Change: +26% Conversion: Difficult
      OFFICE BUILDING
      $485,000
      Change: -10% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $470,000
      Change: -12% Conversion: Difficult
      WAREHOUSE, STORAGE
      $455,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.4104
    Latitude
    29.7971
    CBSA code
    26420
    CBSA name
    HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $56,388
    $2,732,500
    $96,712
    $2,829,212
    -
    $2,732,500
    $96,712
    $2,829,212
    More about this property
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