1621 Byrd Ave Shepherd, TX 77371
This exceptional retail property, situated on a 1.33-acre lot at the northeast corner of S Byrd Ave and Post Oak Ln in Shepherd, Texas, presents a unique investment opportunity. The property boasts 1,170 square feet of building space, constructed in 1965, and offers excellent frontage on two major roads. Its versatile zoning allows for various uses, including QSR, fast food, and storefront retail. The location is highly desirable, being near Shepherd Middle School and minutes from the historic downtown area. Convenient access to Hwy 150 and Hwy 59 ensures easy commutes. Furthermore, the property's proximity to Valley Ranch Town Center and Grand Parkway (27 minutes away), as well as Houston and Bush Intercontinental Airport (39 minutes away), enhances its appeal. The property's location within an Opportunity Zone adds further investment potential. The asking price is $129,000. The APN is 0133-000-0701.
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
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Property description
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