This Neighborhood Shopping Ctr commercial property located at 12331 Jones Rd in Houston is a Strip Shopping Center property, in the 77065 zip code. This property boasts 11173 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1968 J&M5 Management Llc created 8897 SF of improvements. CXRE further estimates J&M5 Management Llc and the property’s previous owners, have realized approximately $765,300 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $113,800.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD1154820000002
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF8,897
- Min Contiguous SF11,173
- OwnerJ&M5 MANAGEMENT LLC
- QualityAverage
- Rentable Building Area12640
- Use Code DescriptionReal, Commercial
- Year Built1968
Financial Details
- Est. Accrued Depreciation$765,320
- Est. Avg. Income113760
- MS Replacement Cost$765,320
- Value Per Sq Ft$0.00