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    17040 Us-290 Frontage Rd Jersey Village, TX 77040

    Sponsored
    For Sale
    Contact for pricing

    ±12,000 SF Building, 2.25 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Jersey Village, Texas property offers a compelling investment opportunity. Situated on 2.25 acres of land with US-290 frontage road visibility, this ±12,000 square foot mixed-use building enjoys a high-traffic location, boasting 211,139 cars passing daily. Currently, the building has a 67.95% occupancy rate, anchored by a long-term tenant, Westpark Springs, leasing approximately 8,000 square feet under a 10-year lease with renewal options. Approximately 3,500 square feet of space is available for lease, presenting immediate potential for increased revenue. The property benefits from strong surrounding demographics indicating consistent population growth, further enhancing its long-term value. This location in Harris County, zip code 77040, provides excellent access and visibility. Financial details and pricing are available upon request. This is a rare opportunity to acquire a well-positioned commercial property with significant upside potential.

    Property Features for 17040 Us-290 Frontage Rd

    General Information

    Property type
    Land
    Lot Size
    98,010 SF

    HighLights

    • 2.25‑acre commercial land parcel in Jersey Village, TX.
    • Located at 17040 US‑290 Frontage Rd, Harris County, 77040.
    • Includes a ±12,000 SF mixed‑use building with 67.95% occupancy.
    • High‑traffic location with ±211,139 cars passing daily.
    • ±8,000 SF leased to Westpark Springs on a 10‑year lease with renewal options.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Jersey Village
    County
    Harris
    State
    Texas
    Longitude
    -95.5775224
    Latitude
    29.8871087

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    FAQs

    What type of property is this?
    Land - ±12,000 SF Building, 2.25 Acres
    Where is this land located?
    The property is located at 17040 Us-290 Frontage Rd Jersey Village, TX.
    What are key features of this property?
    This property features: 2.25-acre commercial land parcel in Jersey Village, TX.; Located at 17040 US-290 Frontage Rd, Harris County, 77040.; Includes a ±12,000 SF mixed-use building with 67.95% occupancy.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17040 Us-290 Frontage Rd Jersey Village, TX 77040
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