This Neighborhood Shopping Ctr commercial property located at 12401 Kingsride Ln in Houston is a Strip Shopping Center property, in the 77024 zip code. This property boasts 41090 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1971 Metro National Corp created 35820 SF of improvements. CXRE further estimates Metro National Corp and the property’s previous owners, have realized approximately $3,081,200 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $732,700.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD1010590000001
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF35,820
  • Min Contiguous SF41,090
  • OwnerMETRO NATIONAL CORP
  • QualityAverage
  • Rentable Building Area39605
  • Use Code DescriptionReal, Commercial
  • Year Built1971

Financial Details

  • Est. Accrued Depreciation$3,081,236
  • Est. Avg. Income732693
  • MS Replacement Cost$3,081,236
  • Value Per Sq Ft$0.00