This Neighborhood Shopping Ctr commercial property located at 17440 Fm 529 Rd in Houston is a Strip Shopping Center property, in the 77095 zip code. This property boasts 41262 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 2004 Gray Falls Shopping Center Llc created 37076 SF of improvements. CXRE further estimates Gray Falls Shopping Center Llc and the property’s previous owners, have realized approximately $3,758,000 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $410,600.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD1201230010001
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF37,076
  • Min Contiguous SF41,262
  • OwnerGRAY FALLS SHOPPING CENTER LLC
  • QualityGood
  • Rentable Building Area35705
  • Use Code DescriptionReal, Commercial
  • Year Built2004

Financial Details

  • Est. Accrued Depreciation$3,758,023
  • Est. Avg. Income410608
  • MS Replacement Cost$3,758,023
  • Value Per Sq Ft$0.00