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