This Neighborhood Shopping Ctr commercial property located at 12525 Fondren Rd in Houston is a Strip Shopping Center property, in the 77035 zip code. This property boasts 47824 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1978 Argyle Plaza Llc created 44332 SF of improvements. CXRE further estimates Argyle Plaza Llc and the property’s previous owners, have realized approximately $3,813,400 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $393,800.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD590210010006
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF44,332
  • Min Contiguous SF47,824
  • OwnerARGYLE PLAZA LLC
  • QualityAverage
  • Rentable Building Area43750
  • Use Code DescriptionReal, Commercial
  • Year Built1978

Financial Details

  • Est. Accrued Depreciation$3,813,438
  • Est. Avg. Income393750
  • MS Replacement Cost$3,813,438
  • Value Per Sq Ft$0.00