This Neighborhood Shopping Ctr commercial property located at 12645 Memorial Dr in Houston is a Strip Shopping Center property, in the 77024 zip code. This property boasts 10694 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1985 Memorial Center Llc created 10694 SF of improvements. CXRE further estimates Memorial Center Llc and the property’s previous owners, have realized approximately $919,900 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $195,000.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD401600000018
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF10,694
  • Min Contiguous SF10,694
  • OwnerMEMORIAL CENTER LLC
  • QualityAverage
  • Rentable Building Area10543
  • Use Code DescriptionReal, Commercial
  • Year Built1985

Financial Details

  • Est. Accrued Depreciation$919,899
  • Est. Avg. Income195046
  • MS Replacement Cost$919,899
  • Value Per Sq Ft$0.00