This Neighborhood Shopping Ctr commercial property located at 4802 Martin Luther King Jr Blvd in Houston is a Strip Shopping Center property, in the 77021 zip code. This property boasts 17642 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1947 River Oaks At Mlk Llc created 17642 SF of improvements. CXRE further estimates River Oaks At Mlk Llc and the property’s previous owners, have realized approximately $1,517,600 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $156,900.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD611360590044
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF17,642
  • Min Contiguous SF17,642
  • OwnerRIVER OAKS AT MLK LLC
  • QualityAverage
  • Rentable Building Area17432
  • Use Code DescriptionReal, Commercial
  • Year Built1947

Financial Details

  • Est. Accrued Depreciation$1,517,565
  • Est. Avg. Income156888
  • MS Replacement Cost$1,517,565
  • Value Per Sq Ft$0.00