This Neighborhood Shopping Ctr commercial property located at 12545 Briar Forest Dr in Houston is a Strip Shopping Center property, in the 77077 zip code. This property boasts 10800 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 1998 Vu Pham Enterprises Llc created 9600 SF of improvements. CXRE further estimates Vu Pham Enterprises Llc and the property’s previous owners, have realized approximately $973,100 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $177,600.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD1182830010002
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF9,600
- Min Contiguous SF10,800
- OwnerVU PHAM ENTERPRISES LLC
- QualityGood
- Rentable Building Area9600
- Use Code DescriptionReal, Commercial
- Year Built1998
Financial Details
- Est. Accrued Depreciation$973,056
- Est. Avg. Income177600
- MS Replacement Cost$973,056
- Value Per Sq Ft$0.00