This Neighborhood Shopping Ctr commercial property located at 5407 Bellaire Blvd in Houston is a Strip Shopping Center property, in the 77401 zip code. This property boasts 39387 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1958 Fkm Partnership Ltd 3-05 created 33840 SF of improvements. CXRE further estimates Fkm Partnership Ltd 3-05 and the property’s previous owners, have realized approximately $2,910,900 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $1,013,900.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD370550170001
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF33,840
  • Min Contiguous SF39,387
  • OwnerFKM PARTNERSHIP LTD 3-05
  • QualityAverage
  • Rentable Building Area56328
  • Use Code DescriptionReal, Commercial
  • Year Built1958

Financial Details

  • Est. Accrued Depreciation$2,910,917
  • Est. Avg. Income1013904
  • MS Replacement Cost$2,910,917
  • Value Per Sq Ft$0.00