This Neighborhood Shopping Ctr commercial property located at 2435 Rice Blvd in Houston is a Strip Shopping Center property, in the 77005 zip code. This property boasts 8900 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1950 Cochran Robert P created 8900 SF of improvements. CXRE further estimates Cochran Robert P and the property’s previous owners, have realized approximately $765,600 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $213,600.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD370220000003
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF8,900
  • Min Contiguous SF8,900
  • QualityAverage
  • Rentable Building Area8900
  • Use Code DescriptionReal, Commercial
  • Year Built1950

Financial Details

  • Est. Accrued Depreciation$765,578
  • Est. Avg. Income213600
  • MS Replacement Cost$765,578
  • Value Per Sq Ft$0.00