915 Gessner Rd, Houston, TX 77024 – Medical Office

OfficeYear Built 2003Total Assessed Value $75,365,148County Harris

Property Details

The Office property 915 Gessner Rd, Houston, TX 77024 is located in Harris County. The specific property type is Medical Office. The total assessed value of this property is $75,365,148.

The gross building area is 226,062 square feet and the land area is 130,114 square feet for this Medical Office built in 2003.

Legal description: Res A8 Blk 1 Memorial City Gateway 3Rd R/P

$75,365,148

Market Value

8.00%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

Property Image of 915 Gessner Rd, Houston, TX 77024, Office

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Property Information

Property TypeOffice

Sub Property TypeMedical Office

Building Area226,062

Land Size130,114

Land Value$9,758,550

Improved Value$65,606,598

Total Assessed Value$75,365,148

Year Built2003

County NameHarris

Account Number1283160010010

Cap Rate8.00%

Very Walkable

Good Transit

Bikeable

Amenities

Air ConditioningCentral

HeatingForced air unit

Type ConstructionMasonry

No of Stories9

Garage TypeMixed 1772

Exterior WallsGlass

Sales History

1/26/2006

Arms-length$31,250,000

Buyer

Mnc Pob 3 Lp

Seller

Mnc Medical Property Ltd

Book Number

2006.53984

Recording Date

1/26/2006

Transaction Details

Mnc Pob 3 Lp acquired the property from Mnc Medical Property Ltd through a Arms-length transaction on 1/26/2006 for $31,250,000.

Property constructed in 2003

YSale Price (USD) byXSales Year

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Mortgage History

This details prefers to stay low-key.

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2026	$9,758,550	$67,211,797	$76,970,347	$76,970,347	Metro National Corp ...	929 Gessner Ste 1900	Res A8 Blk 1 Memoria...	9854.13	-	130,114	226,062
2025	$9,758,550	$65,150,297	$74,908,847	$74,908,847	Metro National Corp ...	929 Gessner Ste 1900	Res A8 Blk 1 Memoria...	9854.13	-	130,114	226,062
2024	$9,758,550	$66,089,781	$75,848,331	$75,848,331	Metro National Corp ...	929 Gessner Ste 1900	Res A8 Blk 1 Memoria...	9854.13	-	130,114	226,062
2023	$9,758,550	$60,241,450	$70,000,000	$70,000,000	Metro National Corp ...	929 Gessner Ste 1900	Res A8 Blk 1 Memoria...	9854.13	MEMORIAL CITY GATEWA...	130,114	226,062
2022	$9,758,550	$60,116,450	$69,875,000	$69,875,000	Metro National Corp ...	929 Gessner Ste 1900	Res A8 Blk 1 Memoria...	9854.13	MEMORIAL CITY GATEWA...	130,114	226,062
2021	$9,758,550	$67,052,494	$76,811,044	$76,811,044	Metro National Corp ...	945 Bunker Hill Rd S...	Res A8 Blk 1 Memoria...	9854.13	MEMORIAL CITY GATEWA...	130,114	226,062
2020	$9,758,550	$57,741,450	$67,500,000	$67,500,000	Metro National Corp ...	945 Bunker Hill Rd S...	Res A8 Blk 1 Memoria...	9854.13	-	130,114	226,062
2019	$9,758,550	$53,241,450	$63,000,000	$63,000,000	Metro National Corp ...	945 Bunker Hill Rd S...	Res A8 Blk 1 Memoria...	9854.13	MEMORIAL CITY GATEWA...	130,114	226,062
2018	$9,758,550	$60,591,450	$70,350,000	$70,350,000	Metro National Corp ...	945 Bunker Hill Rd S...	Res A8 Blk 1 Memoria...	9854.13	MEMORIAL CITY GATEWA...	130,114	226,062
2017	$9,758,550	$36,794,875	$46,553,425	$46,553,425	Metro National Corp ...	945 Bunker Hill Rd S...	Res A8 Blk 1 Memoria...	9854.13	MEMORIAL CITY GATEWA...	130,114	226,062

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Rent & Occupancy

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Comparables

Address ↕	Assessors Parcel Number ↕	Property Type ↕	Property Sub Type ↕	Owner Name ↕	County ↕	Miles ↕	Sale Price ↕	Sale Date ↕	Price / SF ↕	Year Built ↕	GBA ↕	Units ↕
915 Gessner Rd, Houston, TX 77024	1283160010010	Office	Medical Office	Metro National Corp Co Mhhs	Harris	-	$ 31,250,000	2006-01-26	$ 138.24	2003	226,062	-
3100 S Gessner Rd Ste920, Houston, TX 77063	1093870000005	Office	Office Building High Rise 5+ stories	Gessner Prntrs Ltd	Harris	3.4	$ 3,059,000	2025-07-09	$ 10.62	1981	287,972	920
10603 W Sam Houston Pky N A, Houston, TX 77064	1294590010001	Office	Office Building Low Rise 1 - 4 stories	Interra Remington Llc	Harris	9.7	$ 34,531,300	2024-10-23	$ 171.01	2008	201,928	-
4265 San Felipe St, Houston, TX 77027	0813180000012	Office	Office Building High Rise 5+ stories	Dml 4265 San Felipe Llc	Harris	6.2	$ 31,122,000	2024-09-30	$ 139.22	1983	223,545	-
15021 Katy Fwy, Houston, TX 77094	1303140010001	Office	Office Building High Rise 5+ stories	Ec Owner 1 Lp Invesco Advisors Inc	Harris	6.2	$ 29,925,000	2025-08-04	$ 117.90	2008	253,822	-
3600 W Sam Houston Pky S, Houston, TX 77042	1356710010001	Office	Office Building High Rise 5+ stories	Columbia Texas Westchase Park Land Llc	Harris	3.9	$ 55,727,000	2025-05-27	$ 190.99	2014	291,784	-
2425 W Loop S, Houston, TX 77027	0451400060400	Office	Office Building High Rise 5+ stories	Houston 2425 Galleria Llc National Bank Of Kuwait Michael Carter	Harris	6.0	$ 16,625,000	2025-02-12	$ 57.89	1979	287,207	-
11200 Westheimer Rd 630, Houston, TX 77042	0451380010060	Office	Office Building High Rise 5+ stories	Hartman Spe Llc	Harris	3.4	$ 3,325,000	2025-09-12	$ 17.31	1983	192,100	630
840 Gessner Rd 937, Houston, TX 77024	1193790010001	Office	Office Building High Rise 5+ stories	Memorial City 840 Llc	Harris	0.3	$ 59,850,000	2024-09-24	$ 174.53	1998	342,920	937
1410 Gillingham Ln, Sugar Land, TX 77478	R216407	Office	Office Building Low Rise 1 - 4 stories	1410 Gillingham Llc	Fort Bend	10.3	$ 7,820,400	2024-06-26	$ 52.12	2001	150,042	-
450 Gears Rd 261 Ste261, Houston, TX 77067	1156850000001	Office	Office Building High Rise 5+ stories	Genview Diagnosis Inc	Harris	13.8	$ 3,800,000	2025-04-30	$ 22.14	1984	171,626	261

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	915 Gessner Rd, Houston, TX 77024	—	-	130,114	2003	226,062	$ 75,365,148	$ 9,758,550	-
Firstcitizens Bk & Tr Co	8731 Katy Fwy, Houston, TX 77024	08/28/2025	$ 41,078,000	87,120	2018	108,775	$ 48,939,219	$ 4,356,000
New York Life Insurance Co	7505 Main St, Houston, TX 77030	08/22/2025	$ 131,000,000	91,520	1985	85,464	$ 19,269,895	$ 5,491,200	Bsf1 Greenpark Llc
Truist Bank	5420 W Loop S, Bellaire, TX 77401	07/30/2025	$ 274,100,000	101,538	2005	102,296	$ 33,951,798	$ 5,076,900	Bellaire 5420 Apl Mp Llc
Woori America Bank	1411 Bonner St, Houston, TX 77007	06/17/2025	$ 1,950,000	32,250	1984	7,200	$ 3,402,809	$ 1,935,000	Orangestone Telephone Llc
X Caliber Funding Llc	7825 Highway 6 N, Houston, TX 77095	06/04/2025	$ 23,300,000	108,042	1990	19,496	$ 4,305,643	$ 2,971,155	Irg Sandrock Llc
Bellaire Wilcrest Elevia Inc	3222 Hillcroft St, Houston, TX 77057	05/12/2025	$ 2,400,000	28,096	1969	17,150	$ 2,875,251	$ 983,360	Hillcroft Investments Llc
Cadence Bank Na	10028 W Rd, Houston, TX 77064	05/05/2025	$ 1,890,000	87,121	2005	15,520	$ 2,455,375	$ 522,726	Hntt Llc
Stellar Bank	7474 S Kirkwood Rd, Houston, TX 77072	04/17/2025	$ 700,000	47,999	1983	22,342	$ 645,335	$ 407,992	Am Re Holdings Llc
Gulf Capital Bank	1110 W Gray St, Houston, TX 77019	03/06/2025	$ 8,200,000	34,121	1968	18,012	$ 7,809,511	$ 4,094,520	1110 W Gray Llc
Independent Bank	2136 Yale St, Houston, TX 77008	02/10/2025	$ 100,000	13,200	1925	5,750	$ 1,359,191	$ 1,320,000	Rc 2136 Lp

Mean$ 20,892,925

Median$ 1,895,000.0

Loan Amount Range$ 100,000 - $ 274,100,000

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Tenant Details

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Property Address ↕	Owner Name ↕	Phone ↕	Industry Description ↕
915 GESSNER RD STE 950, HOUSTON, TX 77024-2578	MEMORIAL CITY CARDIOLOGY ASSOC	7134642928	CLINICS
915 GESSNER RD STE 280, HOUSTON, TX 77024-2535	MARK L NICHOLS M D P A	7134612626	NONCLASSIFIED ESTABLISHMENTS
915 GESSNER RD STE 860, HOUSTON, TX 77024-2576	MEMORIAL DERMATOLOGY	7134682200	PHYSICIANS & SURGEONS
915 GESSNER RD # 540B, HOUSTON, TX 77024-2527	SUTARIA, RACHANA MD	7134684662	PHYSICIANS & SURGEONS
915 GESSNER RD STE 400, HOUSTON, TX 77024-2667	U T PHYSICIANS	7134866400	CLINICS
915 GESSNER RD STE 640, HOUSTON, TX 77024-2538	MEMORIAL DERMATOLOGY CLINIC	7139842222	PHYSICIANS & SURGEONS
915 GESSNER RD STE 950, HOUSTON, TX 77024-2578	MEMORIAL CITY CARDIOLOGY ASSOC	7134642928	DENTISTS
915 GESSNER RD, HOUSTON, TX 77024-2527	DOUGLAS S TSUCHIDA	7138271000	HEALTH SERVICES
915 GESSNER RD, HOUSTON, TX 77024-2527	GUTIERREZ, LESLIE	7134866690	NURSES-PRACTITIONERS
915 GESSNER RD, HOUSTON, TX 77024-2527	DOUGLAS S TSUCHIDA	7138271000	PHYSICIANS & SURGEONS

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Tenant Industry Distribution

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License Details

License Number

17604595003

Permit Holders

Issued By

Sales Tax Permit Holders

State Authority

Issue Date

10/26/2021

Original Issuance

Expire Date

-

Owner Details

Category	Field	Value
Owner / Tax Payer	Owner Name	U.T. PHYSICIANS
	Address Line	6410 fannin st ste 1500
	City / State / Zip	houston TX 77030
Entity Information	Entity Type	-
Entity Information	Business Type	-
Zoning Information	Zoning	-
Government Codes	FIPS Code	48201
Government Codes	Census Tract	-
Postal Information	ZIP Status Code	77030
Registration Details	SOS Code

License Timeline

License Issued

10/26/2021

Currently Active

Status: -

Renewal Required

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