20 Flys St - Freestanding FOR SALE


Shepherd, TX 77371
$200,000 USD
346-459-1894
20 Flys St, Shepherd, TX for Sale
$200,000 USD
Freestanding - FOR SALE
1/27
null | Request Cap Rate

20 Flys St
Shepherd, TX 77371


HIGHLIGHTS

  • Right Off HWY US 59
  • Great location for major exposure
  • Billboard Signage Royalty included with property

OVERVIEW

Commerical Land 18,295 up for sale at $200,000. Property needs work great for investors. Off HWY US 59. Excellent commercial opportunity located directly on US Highway 59 with prime visibility and high traffic counts. This property features an 18,295 SF lot improved with a small retail shop of 1,440 SF. The building can be remodeled for future use or removed for redevelopment. There is also a residential living area of 1,440 SF. This is also a great project to remodel or redevelopment. A unique feature of this property is the billboard pole located on-site, which provides the owner with royalty income. The existing 20-year lease agreement is set to renew in November 2026, offering a stable income stream and additional investment appeal. Adjacent to this tract, the property at 11421 US 59 is also available for sale. When combined, both parcels offer a total of approximately 31,885 SF of highway frontage land, providing an excellent opportunity for larger-scale development, expansion, or investment. This offering is ideal for investors, developers, or end users seeking a high-exposure location with income potential and future growth opportunities in Shepherd, TX.

FOR SALE DETAILS

PRICE

$200,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

44706

ASK ABOUT THIS PROPERTY

Henry SantosWhite House Global Properties -- 9014920More Info
346-459-1894

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Henry SantosWhite House Global Properties -- 9014920More Info
346-459-1894

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.