This Neighborhood Shopping Ctr commercial property located at 1905 Gessner Dr in Houston is a Strip Shopping Center property, in the 77080 zip code. This property boasts 31592 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1975 Jaff Ramazan & Chong Cha created 29960 SF of improvements. CXRE further estimates Jaff Ramazan & Chong Cha and the property’s previous owners, have realized approximately $2,577,200 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $314,200.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD961190000008
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF29,960
- Min Contiguous SF31,592
- OwnerJAFF RAMAZAN & CHONG CHA
- QualityAverage
- Rentable Building Area29927
- Use Code DescriptionReal, Commercial
- Year Built1975
Financial Details
- Est. Accrued Depreciation$2,577,160
- Est. Avg. Income314234
- MS Replacement Cost$2,577,160
- Value Per Sq Ft$0.00