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Freestanding Commercial Building on Jensen
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8425 Jensen Dr, Houston, TX 77093

Freestanding commercial building on 0.2984 Acres in North Houston.

Property Size3,462 SF
Lot Size0.30 Acres
Price / SF$174.75
Days on Market253

Property Features for 8425 Jensen Dr

General Information

Standard status Active
Size 3,462 SF
Class C
Lot size 0.30 Acres
Property subtype Retail
Investment Type Owner/User

Building Details

Tenancy Single
Listing Agency: KW Commercial Texas
Listed By: Angelica Riveros · License #706061
Source: Crexi
Added: Feb 6 Changed: Oct 10 Last Checked: Oct 16 at 9:32AM

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 KW Commercial Texas

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Investment Insights

Based on property information with market context.

This freestanding commercial building is situated on a 0.2984-acre lot along Jensen Drive in North Houston. The property includes approximately 3,462 square feet of building area, offering a flexible layout suitable for a variety of commercial or light industrial uses. The oversized lot provides ample parking, outdoor storage, or yard space. It is suited for owner-users such as contractors, auto-related businesses, distribution, and service companies, or for investors seeking a value-add asset. The site offers street exposure, easy access to major thoroughfares, and proximity to I-610, I-69, and Downtown Houston. This property presents an opportunity for an owner-operator looking to establish a presence in a high-demand infill location, or for an investor seeking a standalone commercial asset with future upside.

Key Highlights

  • Freestanding commercial building with 3,462 SF on a 0.2984‑acre lot.
  • Oversized lot provides ample parking, outdoor storage, or yard space.**
  • Flexible layout suitable for various commercial or light industrial uses.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$46,943
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,860 $938.9K
Cap Rate 7%
$670,614 $670.6K
Cap Rate 9%
$521,589 $521.6K
Market Conditions
NOI Build-Up for 3,462 SF
Gross rent
$71.0K $20.52/SF
− Vacancy
−$4.0K −$1.15/SF
EGI
$67.1K $19.37/SF
− OpEx
−$20.1K −$5.81/SF
NOI
$46.9K $13.56/SF
Area
Houston, TX
Vacancy
5.60%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$938,860
Cap Rate 7%
$670,614
Cap Rate 9%
$521,589

Alternative Uses

Best Use
Retail
$670.6K
$586.8K – $782.4K (±1% cap)
NOI $46,943 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$890.2K
$779.0K – $1.04M (±1% cap)
NOI $62,316 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

513
Businesses Nearby

Demographics for 77093, TX

47,736
Population
14,671
Households
3.3
Avg Household Size
31
Median Age
5%
College-Educated
51%
High-School Grad
12.0 sq mi
ZIP Area
3,978
Density / Sq Mi
$41,958
Median Household Income
$28,493
Median Earnings
$1,102
Median Rent
$122,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Houston, TX

6.9% 2019
8.2% 2020
7.6% 2021
6.4% 2022
6% 2023
6.6% 2024
6.6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Freestanding commercial building on 0.2984 Acres in North Houston.
Where is this retail space located?
The property is located at 8425 Jensen Dr Houston, TX.
What is the asking price?
The asking price for this property is $605,000.
What are key features of this property?
This property features: Freestanding commercial building with 3,462 SF on a 0.2984‑acre lot.; Oversized lot provides ample parking, outdoor storage, or yard space.**; Flexible layout suitable for various commercial or light industrial uses.
(713) 461-9393 Call to check price and availability
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