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8301 Jones Rd Jersey Village, TX 77065-4607

OFF-MARKET Outlet malls Google Maps
42,895 SF 5.81 ac lot Built 2001
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$1.11M
Range $995k – $1.22M (±10%)
Property ID US82-2546450

Property summary

AI-generated overview

This exceptional 40,000 square foot multi-tenant flex/retail/office property, located at 8301 Jones Rd in Jersey Village, Texas (zip code 77065), presents a unique investment opportunity. Built in 2001 and renovated in 2002, the property currently has 18,750 square feet of vacant space available, with one large suite of approximately 30,000 square feet immediately available. The property boasts a diverse tenant mix including a church, staffing company, a soon-to-open comedy club, an axe-throwing venue, a gym, and a dance studio, showcasing its versatility and appeal. Future development includes additional flex buildings, anticipated for Spring 2025, offering build-to-suit options with customizable layouts, including roll-up doors to accommodate various business needs. The property enjoys a prime location, just 0.25 miles north of Highway 290, benefiting from high traffic counts exceeding 44,000 vehicles daily on Jones Road and over 215,000 vehicles daily on Highway 290 (per TxDOT data). Its proximity to the NW Village Shopping Center, attracting over 1.39 million annual visitors, further enhances its desirability. Detailed demographic information is available upon request. This property offers significant potential for investors seeking a strong foothold in the thriving Jersey Village submarket of Houston.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2001
Construction CONCRETE BLOCKS
Total area 42,895 SF
Lot 5.81 ac (253,253 SF)
APN 1215230010001
UPID US82-2546450

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.19M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.02M
Blend (final) Blend
$1.11M

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2020
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Warehouse, storage $1.8M +11.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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