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
  • 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