Discover the potential of this .55ac parcel on South Shepherd Drive, near Westheimer. Ideal for multifamily and retail development, this below-market-priced property. As a bank-owned property, it’s perfect for developers seeking a prime location in an affluent area. Located 15 minutes from downtown Houston, 5 minutes from Greenway Plaza, and 10 minutes from the Galleria, the property features dual ingress/egress for easy access via San Felipe/Westheimer. The neighborhood, with homes selling for $1,000,000+, underscores its upscale appeal. This is one of the last multi-parcel opportunities in the prestigious River Oaks/Upper Kirby area, ideal for multi-lot residential development. With high-value neighboring properties and an affluent demographic, the potential for high-end residential or mixed-use development is exceptional. Don’t miss this opportunity to develop in one of Houston’s most sought-after areas.