Listings

CXRE Commercial Real Estate

Commercial Property

2625 Louisiana St, Houston

Houston, TX 77006

14,089 Sq Ft
14000 Acres
houston, retail

Location

This Neighborhood Shopping Ctr commercial property located at 2625 Louisiana St in Houston is a Strip Shopping Center property, in the 77006 zip code. This property boasts 17312 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 2012 Hinds Investors Ltd created 14089 SF of improvements. CXRE further estimates Hinds Investors Ltd and the property’s previous owners, have realized approximately $1,428,100 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $448,000.

Property Information

Building #1
Building ClassC - Masonry Bearing
Building StyleNeighborhood Shopping Ctr
HCAD Property IDHarrisCAD1335990010001
Improved Type DescriptionStrip Shopping Center
Max Contiguous SF14,089
Min Contiguous SF17,312
OwnerHINDS INVESTORS LTD
QualityGood
Rentable Building Area14000
Use Code DescriptionReal, Commercial
Year Built2012

Financial Details

Est. Accrued Depreciation$1,428,061
Est. Avg. Income448000

MS Replacement Cost$1,428,061
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.

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