Listings

CXRE Commercial Real Estate

Commercial Property

1900 Blalock Rd, Houston

Houston, TX 77080

23,042 Sq Ft
22988 Acres
houston, retail

Location

This Neighborhood Shopping Ctr commercial property located at 1900 Blalock Rd in Houston is a Strip Shopping Center property, in the 77080 zip code. This property boasts 24767 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1984 Blossom Development Inc created 23042 SF of improvements. CXRE further estimates Blossom Development Inc and the property’s previous owners, have realized approximately $1,982,100 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $298,800.

Property Information

Building #1
Building ClassC - Masonry Bearing
Building StyleNeighborhood Shopping Ctr
HCAD Property IDHarrisCAD751250000082
Improved Type DescriptionStrip Shopping Center
Max Contiguous SF23,042
Min Contiguous SF24,767
OwnerBLOSSOM DEVELOPMENT INC
QualityAverage
Rentable Building Area22988
Use Code DescriptionReal, Commercial
Year Built1984

Financial Details

Est. Accrued Depreciation$1,982,073
Est. Avg. Income298844

MS Replacement Cost$1,982,073
Value Per Sq Ft$0.00

The 77080 zip code has a population of 45,275 and is located east of Addicks Reservoir, encompassing a portion of the spring branch area. While largely suburban, there are a fair number of apartment complexes, resulting in a population density of just over 7,000 persons per square mile. The majority of homes were built in the 1960’s and 1970’s, with a median value of $130,600. 53% of the available housing is rented. The median population age is 30, and 80.7% of the population over 25 years of age has attained a high school diploma or less. The median household income is $38,159.

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