This Neighborhood Shopping Ctr commercial property located at 3301 Fondren Rd in Houston is a Strip Shopping Center property, in the 77063 zip code. This property boasts 31950 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1974 Fondren Richmond Llc created 28879 SF of improvements. CXRE further estimates Fondren Richmond Llc and the property’s previous owners, have realized approximately $2,484,200 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $246,300.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD974020000001
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF28,879
  • Min Contiguous SF31,950
  • OwnerFONDREN RICHMOND LLC
  • QualityAverage
  • Rentable Building Area28972
  • Use Code DescriptionReal, Commercial
  • Year Built1974

Financial Details

  • Est. Accrued Depreciation$2,484,172
  • Est. Avg. Income246262
  • MS Replacement Cost$2,484,172
  • Value Per Sq Ft$0.00