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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Retail space
5030 Gessner Rd Houston, TX 77041
Individually Owned
Absentee Owner
Free & Clear
Property ID
US82-3776737
Property summary
AI-generated overview
Gessner Plaza, located at 5030 Gessner Rd, Houston, TX 77041, offers exceptional traditional office space in Harris County. This multi-tenant property boasts readily available, move-in ready suites featuring open floor plans, ideal for businesses seeking flexible and adaptable work environments. The building's prime location in Houston provides easy access to major transportation routes, ensuring convenient commutes for employees and clients. The property is classified as both retail and office, suggesting potential for diverse business uses. The specific square footage and lease terms are available upon request. Interested parties are encouraged to inquire about available units and pricing to determine the best fit for their operational needs. This is a fantastic opportunity to establish a presence in a thriving Houston commercial district. The property's address is easily accessible via various transportation methods, making it a convenient location for employees and clients alike. Further details regarding amenities and building specifications can be provided upon request. Don't miss this chance to secure your ideal office space in this dynamic Houston location.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2020
Construction
STEEL FRAME
Total area
10,800 SF
Lot
0.65 ac (28,358 SF)
APN
1503480010001
UPID
US82-3776737
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Evelyn Barber & Beauty Salon Hair Salon Nail Salon
-
Enchanted Party Creations LLC Event Planning
-
Global Kiddos Academy Daycare Center
-
Rustic House Furniture Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$445k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$866k
Blend (final)
Blend
$655k
Owner & transaction history
CARLOS MARQUEZ JR
CARLOS MARQUEZ JR
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Houston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Houston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$445,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$735,000
Current use
AUTO REPAIR, GARAGE
$690,000
Change: -6% · Conversion: Difficult
MEDICAL BUILDING
$690,000
Change: -6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$675,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$61 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$17,037
Tax year 2022
Assessed value
$2,080,702
Assessed 2024
Previous assessed
$1,466,338
+41.9% YoY
Effective rate
0.82%
On assessed value
Assessed land
$524,623
Assessed improvement
$1,556,079
Land market value
$524,623
Improvement market value
$1,556,079
Total market value
$2,080,702
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2020
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
1
Total area
10,800 SF
Lot
0.65 ac (28,358 SF)
APN
1503480010001
UPID
US82-3776737
Jurisdiction
HARRIS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$735,000
AUTO REPAIR, GARAGE
Est. value
$690,000
MEDICAL BUILDING
Est. value
$690,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$675,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2020
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Buildings
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
CARLOS MARQUEZ JR
Individual
Free & Clear · 0 yrs held
Mailing address
8661 RAYSON RD, HOUSTON, TX 77080-3514
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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