7301 Shepherd DrHouston, TX 77091

For Lease
$40,677.96/SF/YR

3-Acre Commercial Land, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 2.952-acre (128,502 square foot) vacant commercial land parcel presents a unique investment opportunity in Houston, Texas. Located at 7301 N Shepherd Dr, 77091, this single-tenant site boasts a highly desirable location off the six-lane thoroughfare of N. Shepherd and W. Little York, experiencing a high volume of daily traffic (28,580 VPD). Its proximity to I-45 (less than half a mile) ensures excellent access to major freeways and convenient access to downtown Houston and the Heights area. The property is situated within Houston city limits with available city utilities, although none are currently on-site. The land itself is largely stabilized, clean, and ready for immediate development, minimizing pre-development delays. This makes it perfectly suited for a variety of commercial projects, including medical buildings, hotels, storage facilities, retail spaces, or industrial facilities. The monthly lease price is $10,000 NNN. This prime location, combined with the land's readiness for development, offers significant potential for substantial returns.

Highlights

  • Sale and financing options available.
  • Seller financing offered.
  • 2.95-acre site at N. Shepherd & W. Little York.
  • NNN lease structure.
  • Half-mile proximity to I-45.
  • Mostly level, developable land.

Unit(s) available at that property

Space
Size
128,502 SF
Rate per SF
$40,677.96

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.867150991485
Longitude
-95.412800457994
7301 Shepherd Dr, Houston, Texas

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7301 Shepherd Dr
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