7413 Jensen DrHouston, TX 77093

Property Details for 7413 Jensen Dr

Year built

1940

Construction

CONCRETE BLOCKS

Lot size

1.36 AC

Property size (Sq ft)

1,600 SF

Property type

Retail space

APN

570110000018

APU

570110000018

Description

This exceptional 1.36-acre (59,214 sq ft) commercial land parcel, located at 7413 Jensen Dr, Houston, TX 77093, presents a unique investment opportunity. The property is zoned for commercial use and offers significant potential for various developments. Its strategic location in Harris County provides easy access to major highways, ensuring excellent visibility and convenient transportation. The asking price is $1,400,000. The property's versatility allows for a range of development options, including retail centers, office complexes, light industrial facilities, or mixed-use projects. The surrounding area features a diverse mix of established businesses, promising a strong customer base and high foot traffic. This prime location offers unparalleled potential for growth and substantial returns, making it an ideal investment in Houston's thriving commercial market. The APN is 0570110000018. This is a for-sale-by-owner opportunity. The property's size and zoning make it suitable for a variety of commercial ventures, capitalizing on Houston's robust economy and convenient access to major transportation routes. This is a rare chance to acquire a significant piece of land in a high-demand area. Don't miss this chance to secure your place in Houston's dynamic commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $481,694

  6.5%

  $444,640

  7%

  $412,880

• Comparable approach

  Method

  Valuation

  Relative Method

  $595,967

  Geo Method

  $1,207,140

• Alternative Use

  Use

  Valuation

  Residential

  $375,071

  Hospitality

  $343,563

  Educational

  $285,840

  Medical

  $295,671

  Retail

  $444,640

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.827

Longitude

-95.3434

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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