This Neighborhood Shopping Ctr commercial property located at 12579 Richmond Ave in Houston is a Strip Shopping Center property, in the 77082 zip code. This property boasts 11952 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 2008 Texas Hillcroft Partnership Lp created 10944 SF of improvements. CXRE further estimates Texas Hillcroft Partnership Lp and the property’s previous owners, have realized approximately $1,109,300 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $124,700.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD1235130010004
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF10,944
  • Min Contiguous SF11,952
  • OwnerTEXAS HILLCROFT PARTNERSHIP LP
  • QualityGood
  • Rentable Building Area9975
  • Use Code DescriptionReal, Commercial
  • Year Built2008

Financial Details

  • Est. Accrued Depreciation$1,109,284
  • Est. Avg. Income124688
  • MS Replacement Cost$1,109,284
  • Value Per Sq Ft$0.00