This Neighborhood Shopping Ctr commercial property located at 11650 Jones Rd in Houston is a Strip Shopping Center property, in the 77070 zip code. This property boasts 11078 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1979 Mathai Ipe created 9932 SF of improvements. CXRE further estimates Mathai Ipe and the property’s previous owners, have realized approximately $854,400 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $108,900.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD460430000182
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF9,932
  • Min Contiguous SF11,078
  • OwnerMATHAI IPE
  • QualityAverage
  • Rentable Building Area9900
  • Use Code DescriptionReal, Commercial
  • Year Built1979

Financial Details

  • Est. Accrued Depreciation$854,351
  • Est. Avg. Income108900
  • MS Replacement Cost$854,351
  • Value Per Sq Ft$0.00