Listings

CXRE Commercial Real Estate

Commercial Property

2501 Bagby St, Houston

Houston, TX 77006

14,700 Sq Ft
15820 Acres
houston, retail

Location

This Neighborhood Shopping Ctr commercial property located at 2501 Bagby St in Houston is a Strip Shopping Center property, in the 77006 zip code. This property boasts 18001 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 1999 Plaza At Midtown Ltd created 14700 SF of improvements. CXRE further estimates Plaza At Midtown Ltd and the property’s previous owners, have realized approximately $1,490,000 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $490,400.

Property Information

Building #1
Building ClassC - Masonry Bearing
Building StyleNeighborhood Shopping Ctr
HCAD Property IDHarrisCAD330190000002
Improved Type DescriptionStrip Shopping Center
Max Contiguous SF14,700
Min Contiguous SF18,001
OwnerPLAZA AT MIDTOWN LTD
QualityGood
Rentable Building Area15820
Use Code DescriptionReal, Commercial
Year Built1999

Financial Details

Est. Accrued Depreciation$1,489,992
Est. Avg. Income490420

MS Replacement Cost$1,489,992
Value Per Sq Ft$0.00

The 77006 zip code has a population of 19,664, and includes the University of St. Thomas. The area has a large majority of apartments and townhomes, as 56% of the housing is currently rented and the population density is rated at 8,720. The median home value is $327,300, and the majority of the housing was built in the 2000’s or 1939 or earlier. The median population age is 36 and the median household income is $67,458. 71% of the population over 25 has attained a college degree.

CXRE, LLC is a technology-driven commercial real estate services firm providing solutions for landlords and tenants throughout Texas. Our experts work across commercial property management, the top commercial real estate brokers, who provide both tenant and owner commercial office leasing services for institutional, office, medical and government clients throughout Houston, Dallas-Ft. Worth, San Antonio, and their various submarkets. We provide quantitatively effective, efficient and process-driven commercial real estate services for first-class building owners & office investors who demand expedited exceptionalism.The office buildings on this site are not being offerred for lease by CXRE Group or any of its affiliates; the office building data is an information source for prospective tenants who would like to hire CXRE, LLC to be its tenant representation broker.

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