This Neighborhood Shopping Ctr commercial property located at 4424 N Shepherd Dr in Houston is a Strip Shopping Center property, in the 77018 zip code. This property boasts 19247 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1960 Navab Shohreh created 17000 SF of improvements. CXRE further estimates Navab Shohreh and the property’s previous owners, have realized approximately $1,462,300 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $135,200.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD410500040123
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF17,000
- Min Contiguous SF19,247
- OwnerNAVAB SHOHREH
- QualityAverage
- Rentable Building Area16896
- Use Code DescriptionReal, Commercial
- Year Built1960
Financial Details
- Est. Accrued Depreciation$1,462,340
- Est. Avg. Income135168
- MS Replacement Cost$1,462,340
- Value Per Sq Ft$0.00