4145 Gessner RdHouston, TX 77043

  • Commercial real estate
  • 24,348 SF

Property Details for 4145 Gessner Rd

Year built
2022
Construction
STEEL FRAME
Lot size
2.73 AC
Property size (Sq ft)
24,348 SF
Property type
Commercial real estate
APN
1213720060003
APU
1213720060003

Description

The Shops at Pinecrest, a newly constructed retail center in Houston, Texas, offers a unique leasing opportunity. Located at 4145 Gessner Rd, 77043, this property boasts a total of 8,250 square feet, with a single suite currently available. The space is highly divisible, offering a minimum leasable area of 1,000 square feet and a maximum contiguous space of 8,250 square feet, providing flexibility for various retail concepts. This retail center benefits from its strategic location, just one mile from Beltway 8, ensuring excellent accessibility and high visibility. The surrounding area is densely populated, with over 318,000 people within a five-mile radius during daytime hours. Furthermore, the property's proximity to Spring Brook Village, a substantial 115-acre residential development by Meritage Homes, which will eventually include approximately 1,000 homes, promises a significant and growing customer base. This presents a compelling opportunity for businesses seeking a prime location in a thriving Houston neighborhood. The property also includes pad sites available for ground lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,707,637
    Hospitality
    $5,228,165
    Educational
    $4,349,772
    Medical
    $4,499,367
    Retail
    $6,766,312

Location Insight

City
Houston
County
Harris
State
Texas
Latitude
29.831
Longitude
-95.5461
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
$44,519
$1,785,090
$2,529,547
$4,314,637
-
$1,785,090
$2,529,547
$4,314,637

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