This Neighborhood Shopping Ctr commercial property located at 20617 Aldine Westfield Rd in Houston is a Strip Shopping Center property, in the 77338 zip code. This property boasts 15164 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1984 Fareed Investments Inc created 13300 SF of improvements. CXRE further estimates Fareed Investments Inc and the property’s previous owners, have realized approximately $1,144,100 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $119,700.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD1154950110004
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF13,300
- Min Contiguous SF15,164
- OwnerFAREED INVESTMENTS INC
- QualityAverage
- Rentable Building Area13300
- Use Code DescriptionReal, Commercial
- Year Built1984
Financial Details
- Est. Accrued Depreciation$1,144,066
- Est. Avg. Income119700
- MS Replacement Cost$1,144,066
- Value Per Sq Ft$0.00