This Neighborhood Shopping Ctr commercial property located at 1371 W Gulf Bank Rd in Houston is a Strip Shopping Center property, in the 77088 zip code. This property boasts 7057 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1985 Irapak Investments Llc created 7057 SF of improvements. CXRE further estimates Irapak Investments Llc and the property’s previous owners, have realized approximately $607,000 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $137,000.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD1025400001127
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF7,057
  • Min Contiguous SF7,057
  • OwnerIRAPAK INVESTMENTS LLC
  • QualityAverage
  • Rentable Building Area12457
  • Use Code DescriptionReal, Commercial
  • Year Built1985

Financial Details

  • Est. Accrued Depreciation$607,043
  • Est. Avg. Income137027
  • MS Replacement Cost$607,043
  • Value Per Sq Ft$0.00