This Neighborhood Shopping Ctr commercial property located at 11627 Homestead Rd in Houston is a Strip Shopping Center property, in the 77016 zip code. This property boasts 8710 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1975 Le Tracy created 7800 SF of improvements. CXRE further estimates Le Tracy and the property’s previous owners, have realized approximately $671,000 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $58,500.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD975790000021
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF7,800
  • Min Contiguous SF8,710
  • OwnerLE TRACY
  • QualityAverage
  • Rentable Building Area7800
  • Use Code DescriptionReal, Commercial
  • Year Built1975

Financial Details

  • Est. Accrued Depreciation$670,956
  • Est. Avg. Income58500
  • MS Replacement Cost$670,956
  • Value Per Sq Ft$0.00