This Neighborhood Shopping Ctr commercial property located at 12727 Westheimer Rd in Houston is a Strip Shopping Center property, in the 77077 zip code. This property boasts 24648 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1997 Kim Paul & Myeong created 24648 SF of improvements. CXRE further estimates Kim Paul & Myeong and the property’s previous owners, have realized approximately $2,120,200 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $295,400.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD1189470010001
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF24,648
- Min Contiguous SF24,648
- OwnerKIM PAUL & MYEONG
- QualityAverage
- Rentable Building Area24620
- Use Code DescriptionReal, Commercial
- Year Built1997
Financial Details
- Est. Accrued Depreciation$2,120,221
- Est. Avg. Income295440
- MS Replacement Cost$2,120,221
- Value Per Sq Ft$0.00