3778 Gessner RdHouston, TX 77042

  • Strip malls
  • 46,120 SF
For Lease
$18/SF/YR View listing

Property Details for 3778 Gessner Rd

Year built
1979
Construction
STEEL FRAME
Lot size
4.66 AC
Property size (Sq ft)
46,120 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
1088570000006
APU
1088570000006

Description

Westchase Plaza, a prime retail shopping center located at 3778 S Gessner Rd, Houston, Texas 77042, in Harris County, offers two exceptional retail spaces for lease. This multi-tenant property boasts a total of 50,394 square feet of retail space, providing ample opportunity for businesses seeking high visibility and convenient access. The available suites range in size from 5,396 square feet to 5,996 square feet, offering flexibility for various retail concepts. The property's strategic location in the vibrant Westchase District ensures high foot traffic and excellent exposure to a diverse customer base. This is an ideal opportunity for businesses looking to establish or expand their presence in a thriving Houston market. The property is classified as a shopping center and is easily accessible from major roadways, offering convenient access for both customers and employees. Further details regarding lease terms and specific suite features are available upon request. Don't miss this chance to secure your space in this well-established and highly sought-after retail center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,884,815
    6.5%
    $12,816,753
    7%
    $11,901,270
  • Comparable approach

    Method
    Valuation
    Relative Method
    $17,178,750
    Geo Method
    $34,795,824
  • Alternative Use

    Use
    Valuation
    Residential
    $10,811,410
    Hospitality
    $9,903,194
    Educational
    $8,239,341
    Medical
    $8,522,705
    Retail
    $12,816,753
3778 Gessner Rd, Houston, Texas

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.7235
Longitude
-95.5399
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$89,724
$5,078,875
$3,363,802
$8,442,677
-
$5,078,875
$3,363,802
$8,442,677

FAQs

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