This Neighborhood Shopping Ctr commercial property located at 8777 S Gessner Dr in Houston is a Strip Shopping Center property, in the 77074 zip code. This property boasts 18252 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 1984 Mvb Investment Llc created 17220 SF of improvements. CXRE further estimates Mvb Investment Llc and the property’s previous owners, have realized approximately $1,745,400 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $231,400.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD520150300022
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF17,220
  • Min Contiguous SF18,252
  • OwnerMVB INVESTMENT LLC
  • QualityGood
  • Rentable Building Area16526
  • Use Code DescriptionReal, Commercial
  • Year Built1984

Financial Details

  • Est. Accrued Depreciation$1,745,419
  • Est. Avg. Income231364
  • MS Replacement Cost$1,745,419
  • Value Per Sq Ft$0.00