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
- OwnerGREEN GROVE LTD
- 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