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Property profile & analytics
OFF-MARKET Estimated value $2,145,000
Warehouses

5708 Shepherd Dr Houston, TX 77091-4258

32,968 SF 3.47 ac lot Built 1982
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-1014017
Property summary
AI-generated overview

This exceptional 24,000 square foot multi-tenant property, located at 5708 N Shepherd Drive in Houston, Texas, presents a unique opportunity for businesses seeking flexible industrial space. The property boasts a diverse range of uses, including retail, industrial, flex space, warehouse, and showroom capabilities. Built in 1982, the building features a steel frame with a concrete facade, offering both durability and a modern aesthetic. The property is situated on a generous 3.5-acre lot and includes ample surface parking. The space is currently divisible into units ranging from 3,000 to 10,000 contiguous square feet, with a total of 16,600 square feet currently vacant across three suites. Key features include convenient grade-level access, drive-through bays, and overhead doors, making it ideal for various operational needs. The property's location in Harris County, zip code 77091, provides excellent access to major transportation routes and a thriving business community. This versatile property is perfect for businesses requiring a combination of showroom, warehouse, and office space, offering a unique blend of functionality and accessibility. The property's size and layout provide significant flexibility for a variety of tenants.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1982
Construction STEEL FRAME
Total area 32,968 SF
Lot 3.47 ac (151,262 SF)
APN 222460240145
UPID US82-1014017
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
Current use
Occupant on record · Public records
  • Eden Event Rentals Event Planning Wedding Service
  • Paul The Printer Custom T-Shirt Store
  • Skyline Distribution Distribution Center Logistics Company
  • NO Cost Covid Testing at N Shepherd Medical Laboratory
  • Texas Veterans Vending Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.02M
Blend (final) Blend
$2.15M
Owner & transaction history
Uk Property Investments LLC · 7 yrs held
Uk Property Investments LLC
since 2018
1 recorded transaction
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $3.5M +76.3%
Retail stores $3.5M +76.2%
Office building $2.3M +14.8%
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