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Property profile & analytics
FOR SALE
Specialty properties

7000 Jensen Dr Houston, TX 77093

5,500 SF 0.23 ac lot Built 1950
Individually Owned 9-yr Hold Absentee Owner Free & Clear
Property ID
US82-3719037
Property summary
AI-generated overview

This exceptional 5,000-square-foot event center and reception hall, located at 7000 Jensen Drive in Houston, TX 77093-9212, presents a unique investment opportunity. Built in 1950 and renovated in 2005, this single-tenant property offers a versatile space ideal for weddings, corporate events, and social gatherings. The flexible layout allows for customization to suit various event needs, accommodating both intimate gatherings and large celebrations. Its convenient location, easily accessible from major highways, ensures effortless access for attendees. Ample parking is available on-site for the convenience of guests. The property is a single-story building, providing easy navigation and accessibility for all. The entire 5,000 square feet is currently vacant, presenting a blank canvas for the next owner to fully realize the potential of this established event venue. This property represents a rare opportunity to acquire a well-situated and versatile event space in a thriving Houston location.

Property profile
Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1950
Construction FRAME
Total area 5,500 SF
Lot 0.23 ac (9,997 SF)
APN 422320000145
UPID US82-3719037
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Book It Now Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Terry Jones · 9 yrs held
Terry Jones
since 2016
4 recorded transactions
2016
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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