This Neighborhood Shopping Ctr commercial property located at 4848 Beechnut St in Houston is a Strip Shopping Center property, in the 77096 zip code. This property boasts 57468 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 1963 Meyerland Court Shopping Center Llc created 49596 SF of improvements. CXRE further estimates Meyerland Court Shopping Center Llc and the property’s previous owners, have realized approximately $5,027,100 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $1,520,600.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD855730000003
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF49,596
  • Min Contiguous SF57,468
  • OwnerMEYERLAND COURT SHOPPING CENTER LLC
  • QualityGood
  • Rentable Building Area76028
  • Use Code DescriptionReal, Commercial
  • Year Built1963

Financial Details

  • Est. Accrued Depreciation$5,027,050
  • Est. Avg. Income1520560
  • MS Replacement Cost$5,027,050
  • Value Per Sq Ft$0.00