This Neighborhood Shopping Ctr commercial property located at 11548 Northwest Fwy in Houston is a Strip Shopping Center property, in the 77092 zip code. This property boasts 15600 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1976 Kagan Properties Venture I Ltd created 13800 SF of improvements. CXRE further estimates Kagan Properties Venture I Ltd and the property’s previous owners, have realized approximately $1,187,100 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $124,200.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD590030060006
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF13,800
- Min Contiguous SF15,600
- OwnerKAGAN PROPERTIES VENTURE I LTD
- QualityAverage
- Rentable Building Area13800
- Use Code DescriptionReal, Commercial
- Year Built1976
Financial Details
- Est. Accrued Depreciation$1,187,076
- Est. Avg. Income124200
- MS Replacement Cost$1,187,076
- Value Per Sq Ft$0.00