This Neighborhood Shopping Ctr commercial property located at 503 Maxey Rd in Houston is a Strip Shopping Center property, in the 77013 zip code. This property boasts 19200 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1982 Green Grove Ltd created 15000 SF of improvements. CXRE further estimates Green Grove Ltd and the property’s previous owners, have realized approximately $1,290,300 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $144,000.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD402450000067
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF15,000
  • Min Contiguous SF19,200
  • QualityAverage
  • Rentable Building Area18000
  • Use Code DescriptionReal, Commercial
  • Year Built1982

Financial Details

  • Est. Accrued Depreciation$1,290,300
  • Est. Avg. Income144000
  • MS Replacement Cost$1,290,300
  • Value Per Sq Ft$0.00