3800 Gessner RdHouston, TX 77063

Property Details for 3800 Gessner Rd

Year built

1981

Construction

STEEL FRAME

Lot size

2.38 AC

Property size (Sq ft)

19,772 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1276840010001

APU

1276840010001

Description

Sunridge Center, located at 3800 S Gessner Rd in Houston, Texas, presents a compelling retail investment opportunity. This Harris County shopping center offers a total of 49,359 square feet of leasable space, with four individual suites currently available. The available spaces range in size from 1,729 square feet to 3,890 square feet, providing flexibility for a variety of retail tenants. The property's prime location in Houston, with easy access via S Gessner Rd, ensures high visibility and convenient access for customers. The center's multiple tenancy structure creates a vibrant and diverse shopping environment, attracting a broad customer base. This is an excellent opportunity for businesses seeking a well-established location within a thriving retail market. The property is classified as a retail shopping center and is situated in the 77063 zip code. Further details regarding lease terms and specific suite availability can be provided upon request. This property offers a strong potential for return on investment in a dynamic and growing area of Houston. Interested parties are encouraged to inquire for more information and to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $5,952,528

  6.5%

  $5,494,641

  7%

  $5,102,166

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,364,662

  Geo Method

  $14,917,238

• Alternative Use

  Use

  Valuation

  Residential

  $4,634,935

  Hospitality

  $4,245,576

  Educational

  $3,532,269

  Medical

  $3,653,749

  Retail

  $5,494,641

Location Insight

City

Houston

County

Harris

State

Texas

Latitude

29.7219

Longitude

-95.5402

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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