This Neighborhood Shopping Ctr commercial property located at 16430 W Lake Houston Pky in Houston is a Strip Shopping Center property, in the 77044 zip code. This property boasts 16152 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 2016 Westood Virginia Hill created 15392 SF of improvements. CXRE further estimates Westood Virginia Hill and the property’s previous owners, have realized approximately $1,448,800 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $323,200.
Property Information
- Building #1
- Building ClassD - Wood or Light Steel
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD1373410010004
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF15,392
- Min Contiguous SF16,152
- OwnerWESTOOD VIRGINIA HILL
- QualityGood
- Rentable Building Area15392
- Use Code DescriptionReal, Commercial
- Year Built2016
Financial Details
- Est. Accrued Depreciation$1,448,849
- Est. Avg. Income323232
- MS Replacement Cost$1,448,849
- Value Per Sq Ft$0.00