This Neighborhood Shopping Ctr commercial property located at 12515 Fondren Rd in Houston is a Strip Shopping Center property, in the 77035 zip code. This property boasts 28694 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1980 Argyle Plaza Llc created 25880 SF of improvements. CXRE further estimates Argyle Plaza Llc and the property’s previous owners, have realized approximately $2,226,200 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $246,200.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD590210010005
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF25,880
  • Min Contiguous SF28,694
  • OwnerARGYLE PLAZA LLC
  • QualityAverage
  • Rentable Building Area27360
  • Use Code DescriptionReal, Commercial
  • Year Built1980

Financial Details

  • Est. Accrued Depreciation$2,226,198
  • Est. Avg. Income246240
  • MS Replacement Cost$2,226,198
  • Value Per Sq Ft$0.00