Jensen Drive Commercial
7000 JENSEN DR Houston, TX 77093
7000 JENSEN DR, Houston, TX, 77093
Contact for pricing
For Sale
Contact for pricing
Combined site with building and land, ideal for redevelopment.
Property Size5,000 SF
Lot Size0.66 Acres
Price / SF$186
Days on Market66
Property Features for 7000 JENSEN DR
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Lot size
- 0.66 Acres
- Property subtype
- Retail, Land, Mixed Use
Building Details
- Year Built
- 1950
Listing Agency
Dionne Randle
Listed by
Tanya Nero · License #500926
Source
Crexi
Added: May 12 Checked: Jul 16 at 8:28 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Dionne Randle
Investment Insights
Based on property information with market context.
This commercial property on Jensen Drive offers a combined site of approximately 28,754 square feet across two parcels. It includes an existing building of approximately 5,000 square feet and a large adjacent land parcel, providing a flexible footprint suitable for owner-users, investors, or redevelopment. The existing structure features an open layout and can be repurposed for various commercial uses. The excess land allows for expansion, outdoor storage, additional parking, or future development. This makes the property attractive for automotive businesses, contractors, service operators, or users needing yard space. Located in a high-traffic corridor surrounded by industrial, automotive, and commercial activity, the site benefits from strong visibility and accessibility. The location's lack of traditional zoning enhances the flexibility of potential uses.
Key Highlights
- Large ±28,754 SF site with existing ±5,000 SF building and adjacent land parcel.
- Significant excess land allows for expansion, outdoor storage, additional parking, or future development.
- Ideal for owner‑users, investors, or redevelopment due to flexible footprint.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.6k | $20.52 |
| − Vacancy | −$5.7k | −$1.15 |
| EGI | $96.9k | $19.37 |
| − OpEx | −$29.1k | −$5.81 |
| NOI | $67.8k | $13.56 |
5,000 SF · lease $20.52/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$968.5K
$847.5K – $1.13M
NOI $67,798 @ 7.0% cap · market cap 7.29%
Second Best
Mixed Use
$942.9K
$825.0K – $1.10M
NOI $66,000 @ 7.0% cap · market cap 7.10%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,000 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Book It Now
Wedding Service
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Combined site with building and land, ideal for redevelopment.
Where is this mixed-use property located?
The property is located at 7000 JENSEN DR Houston, TX.
What is the asking price?
The asking price for this property is $930,000.
What are key features of this property?
This property features: Large ±28,754 SF site with existing ±5,000 SF building and adjacent land parcel.; **Significant excess land** allows for expansion, outdoor storage, additional parking, or future development.; Ideal for owner‑users, investors, or redevelopment due to flexible footprint.
