This Neighborhood Shopping Ctr commercial property located at 1809 Eldridge Pky in Houston is a Strip Shopping Center property, in the 77077 zip code. This property boasts 42723 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 2008 R & B Real Estate Investment Co created 36624 SF of improvements. CXRE further estimates R & B Real Estate Investment Co and the property’s previous owners, have realized approximately $3,712,200 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $661,500.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD1213570020005
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF36,624
- Min Contiguous SF42,723
- OwnerR & B REAL ESTATE INVESTMENT CO
- QualityGood
- Rentable Building Area35759
- Use Code DescriptionReal, Commercial
- Year Built2008
Financial Details
- Est. Accrued Depreciation$3,712,209
- Est. Avg. Income661542
- MS Replacement Cost$3,712,209
- Value Per Sq Ft$0.00