This Neighborhood Shopping Ctr commercial property located at 19708 Northwest Fwy in Houston is a Strip Shopping Center property, in the 77065 zip code. This property boasts 34660 square feet and is in Excellent condition. According to CXRE’s research team: since its construction commenced in 2008 Richmond Ridge Ltd created 26500 SF of improvements. CXRE further estimates Richmond Ridge Ltd and the property’s previous owners, have realized approximately $3,228,800 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $512,100.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD1169240000001
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF26,500
- Min Contiguous SF34,660
- OwnerRICHMOND RIDGE LTD
- QualityExcellent
- Rentable Building Area26260
- Use Code DescriptionReal, Commercial
- Year Built2008
Financial Details
- Est. Accrued Depreciation$3,228,760
- Est. Avg. Income512070
- MS Replacement Cost$3,228,760
- Value Per Sq Ft$0.00