This Neighborhood Shopping Ctr commercial property located at 5002 S Lake Houston Pky in Houston is a Strip Shopping Center property, in the 77013 zip code. This property boasts 14520 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1984 Panjwani Properties created 12480 SF of improvements. CXRE further estimates Panjwani Properties and the property’s previous owners, have realized approximately $1,073,500 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $137,300.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD421610000033
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF12,480
  • Min Contiguous SF14,520
  • OwnerPANJWANI PROPERTIES
  • QualityAverage
  • Rentable Building Area12480
  • Use Code DescriptionReal, Commercial
  • Year Built1984

Financial Details

  • Est. Accrued Depreciation$1,073,530
  • Est. Avg. Income137280
  • MS Replacement Cost$1,073,530
  • Value Per Sq Ft$0.00