This Neighborhood Shopping Ctr commercial property located at 5300 Telephone Rd in Houston is a Strip Shopping Center property, in the 77087 zip code. This property boasts 5684 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1965 Belfort Porperties Inc created 4316 SF of improvements. CXRE further estimates Belfort Porperties Inc and the property’s previous owners, have realized approximately $371,300 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $128,100.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD590710290003
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF4,316
  • Min Contiguous SF5,684
  • OwnerBELFORT PORPERTIES INC
  • QualityAverage
  • Rentable Building Area16016
  • Use Code DescriptionReal, Commercial
  • Year Built1965

Financial Details

  • Est. Accrued Depreciation$371,262
  • Est. Avg. Income128128
  • MS Replacement Cost$371,262
  • Value Per Sq Ft$0.00