Details
Property Type: Land
Subtype: Commercial
Tenancy: Single
County: Harris County
Description
Seller Financing Option Available | Terms Subject to Negotiation
Vacant Property containing 2.934 Acres (127,824 square feet), the Property is designated for commercial use.
We are pleased to present an exceptional investment opportunity for commercial real estate development located at 7301 N Shepherd Dr.
The property offers 2.93 acres of land situated off N. Shepherd which is a 6-lane thoroughfare and W Little York, making it a prime location for development. The surrounding area is characterized by a mix of commercial and residential properties, which ensures that the property is in a high-traffic area with a dominant presence in the car and truck industry.
The property’s location provides excellent access to major freeways, including I-45, which is just half a mile away and a close proximity to Houston Downtown and the Heights area.
One of the significant advantages of this property is that most of the land is stabilized, clean, and ready to develop, allowing for a quick turnaround time for any development plans. This feature makes it an ideal location for various commercial real estate projects, including medical buildings, hotels, storage facilities, retail outlets, or industrial facilities.
Floodplain: Located in Zone X/non-special flood hazard area. A minimal portion of the property lies within Zone A, which does not have a designated Base Flood Elevation. However, nearby properties and developments have been determined by the Federal Emergency Management Agency (FEMA) to be outside the Special Flood Hazard Area.
Located inside the Houston City limits.
The property’s location also boasts a high VPD of approximately 28,580, which makes it a highly visible and accessible location for businesses looking to establish a presence in the area.
Highlights
Floodplain: Located in Zone X/non-special flood hazard area. A minimal portion of the property lies within Zone A, which does not have a designated Base Flood Elevation. However, nearby properties and developments have been determined by the Federal Emergency Management Agency (FEMA) to be outside the Special Flood Hazard Area.
Also Available for Lease
2.95 Acres of Land off on N. Shepherd and W Little York
Close access to I-45, about 0.5 miles
Most of the land is stabilized, clean, and ready to develop.
Close access to major freeways, 59, 45, 610, Beltway 8
Surrounded by commercial businesses and some residential developments
High VPD of approx. 28,580



