This Neighborhood Shopping Ctr commercial property located at 5301 Telephone Rd in Houston is a Strip Shopping Center property, in the 77087 zip code. This property boasts 32826 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1955 5301 Telephone Llc created 31046 SF of improvements. CXRE further estimates 5301 Telephone Llc and the property’s previous owners, have realized approximately $2,670,600 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $245,000.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD551400050003
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF31,046
  • Min Contiguous SF32,826
  • Owner5301 TELEPHONE LLC
  • QualityAverage
  • Rentable Building Area30626
  • Use Code DescriptionReal, Commercial
  • Year Built1955

Financial Details

  • Est. Accrued Depreciation$2,670,577
  • Est. Avg. Income245008
  • MS Replacement Cost$2,670,577
  • Value Per Sq Ft$0.00