This Neighborhood Shopping Ctr commercial property located at 12518 East Fwy in Houston is a Strip Shopping Center property, in the 77015 zip code. This property boasts 13200 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1979 Freedman Edwin created 12000 SF of improvements. CXRE further estimates Freedman Edwin and the property’s previous owners, have realized approximately $1,032,200 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $192,000.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD690390000030
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF12,000
  • Min Contiguous SF13,200
  • OwnerFREEDMAN EDWIN
  • QualityAverage
  • Rentable Building Area12000
  • Use Code DescriptionReal, Commercial
  • Year Built1979

Financial Details

  • Est. Accrued Depreciation$1,032,240
  • Est. Avg. Income192000
  • MS Replacement Cost$1,032,240
  • Value Per Sq Ft$0.00