This Neighborhood Shopping Ctr commercial property located at 1050 Rankin Rd in Houston is a Strip Shopping Center property, in the 77014 zip code. This property boasts 20818 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1981 D 1050 W Rankin Inc created 16688 SF of improvements. CXRE further estimates D 1050 W Rankin Inc and the property’s previous owners, have realized approximately $1,435,500 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $428,300.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD1163190000001
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF16,688
- Min Contiguous SF20,818
- OwnerD 1050 W RANKIN INC
- QualityAverage
- Rentable Building Area42829
- Use Code DescriptionReal, Commercial
- Year Built1981
Financial Details
- Est. Accrued Depreciation$1,435,502
- Est. Avg. Income428290
- MS Replacement Cost$1,435,502
- Value Per Sq Ft$0.00