This Neighborhood Shopping Ctr commercial property located at 3337 Fondren Rd in Houston is a Strip Shopping Center property, in the 77063 zip code. This property boasts 7987 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1999 Park Il Soon & Il Hwan created 7202 SF of improvements. CXRE further estimates Park Il Soon & Il Hwan and the property’s previous owners, have realized approximately $619,500 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $118,500.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD770690030069
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF7,202
- Min Contiguous SF7,987
- OwnerPARK IL SOON & IL HWAN
- QualityAverage
- Rentable Building Area7180
- Use Code DescriptionReal, Commercial
- Year Built1999
Financial Details
- Est. Accrued Depreciation$619,516
- Est. Avg. Income118470
- MS Replacement Cost$619,516
- Value Per Sq Ft$0.00