This Neighborhood Shopping Ctr commercial property located at 2401 Rice Blvd in Houston is a Strip Shopping Center property, in the 77005 zip code. This property boasts 29089 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1970 Lamesa Prop Ltd created 11467 SF of improvements. CXRE further estimates Lamesa Prop Ltd and the property’s previous owners, have realized approximately $986,400 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $274,600.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD370220000008
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF11,467
  • Min Contiguous SF29,089
  • OwnerLAMESA PROP LTD
  • QualityAverage
  • Rentable Building Area11440
  • Use Code DescriptionReal, Commercial
  • Year Built1970

Financial Details

  • Est. Accrued Depreciation$986,391
  • Est. Avg. Income274560
  • MS Replacement Cost$986,391
  • Value Per Sq Ft$0.00