8301 Jones RdJersey Village, TX 77065

Property Details for 8301 Jones Rd

Year built

2001

Construction

CONCRETE BLOCKS

Lot size

5.81 AC

Property size (Sq ft)

42,895 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

1215230010001

APU

1215230010001

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $12,913,902

  6.5%

  $11,920,525

  7%

  $11,069,059

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,977,504

  Geo Method

  $32,362,682

• Alternative Use

  Use

  Valuation

  Residential

  $10,055,409

  Hospitality

  $9,210,700

  Educational

  $7,663,194

  Medical

  $7,926,744

  Retail

  $11,920,525

Location Insight

City

Jersey Village

County

Harris

State

Texas

Latitude

29.895

Longitude

-95.5857

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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