This Neighborhood Shopping Ctr commercial property located at 3821 Old Spanish Trl in Houston is a Strip Shopping Center property, in the 77021 zip code. This property boasts 7519 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1988 Mekdessi Fouad created 7000 SF of improvements. CXRE further estimates Mekdessi Fouad and the property’s previous owners, have realized approximately $503,600 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $367,500.

Property Information

  • Building #1
  • Building ClassS - Open Steel Skeleton
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD1307820010002
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF7,000
  • Min Contiguous SF7,519
  • OwnerMEKDESSI FOUAD
  • QualityAverage
  • Rentable Building Area21000
  • Use Code DescriptionReal, Commercial
  • Year Built1988

Financial Details

  • Est. Accrued Depreciation$503,580
  • Est. Avg. Income367500
  • MS Replacement Cost$503,580
  • Value Per Sq Ft$0.00