This Neighborhood Shopping Ctr commercial property located at 2507 Broadway St in Houston is a Strip Shopping Center property, in the 77012 zip code. This property boasts 19229 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1961 Peter & Christine Investments Inc created 15840 SF of improvements. CXRE further estimates Peter & Christine Investments Inc and the property’s previous owners, have realized approximately $1,362,600 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $120,200.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD402370000110
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF15,840
- Min Contiguous SF19,229
- OwnerPETER & CHRISTINE INVESTMENTS INC
- QualityAverage
- Rentable Building Area13350
- Use Code DescriptionReal, Commercial
- Year Built1961
Financial Details
- Est. Accrued Depreciation$1,362,557
- Est. Avg. Income120150
- MS Replacement Cost$1,362,557
- Value Per Sq Ft$0.00