This Neighborhood Shopping Ctr commercial property located at 2506 W Mount Houston Rd in Houston is a Strip Shopping Center property, in the 77038 zip code. This property boasts 47124 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1978 Eminent Investment Group Llc created 42060 SF of improvements. CXRE further estimates Eminent Investment Group Llc and the property’s previous owners, have realized approximately $3,618,000 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $279,100.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD421440000005
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF42,060
- Min Contiguous SF47,124
- OwnerEMINENT INVESTMENT GROUP LLC
- QualityAverage
- Rentable Building Area39875
- Use Code DescriptionReal, Commercial
- Year Built1978
Financial Details
- Est. Accrued Depreciation$3,618,001
- Est. Avg. Income279125
- MS Replacement Cost$3,618,001
- Value Per Sq Ft$0.00