This Neighborhood Shopping Ctr commercial property located at 1998 Fm 1960 Rd W in Houston is a Strip Shopping Center property, in the 77090 zip code. This property boasts 44422 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1978 Oak Lane Corp created 41020 SF of improvements. CXRE further estimates Oak Lane Corp and the property’s previous owners, have realized approximately $3,528,500 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $401,100.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD421850000608
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF41,020
  • Min Contiguous SF44,422
  • OwnerOAK LANE CORP
  • QualityAverage
  • Rentable Building Area41135
  • Use Code DescriptionReal, Commercial
  • Year Built1978

Financial Details

  • Est. Accrued Depreciation$3,528,540
  • Est. Avg. Income401066
  • MS Replacement Cost$3,528,540
  • Value Per Sq Ft$0.00