This Neighborhood Shopping Ctr commercial property located at 16506 Fm 529 Rd in Houston is a Strip Shopping Center property, in the 77095 zip code. This property boasts 20240 square feet and is in Excellent condition. According to CXRE’s research team: since its construction commenced in 2006 Citymark Inc created 17940 SF of improvements. CXRE further estimates Citymark Inc and the property’s previous owners, have realized approximately $2,185,800 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $303,000.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD1248950010002
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF17,940
  • Min Contiguous SF20,240
  • OwnerCITYMARK INC
  • QualityExcellent
  • Rentable Building Area17821
  • Use Code DescriptionReal, Commercial
  • Year Built2006

Financial Details

  • Est. Accrued Depreciation$2,185,810
  • Est. Avg. Income302957
  • MS Replacement Cost$2,185,810
  • Value Per Sq Ft$0.00