This Neighborhood Shopping Ctr commercial property located at 5450 Chimney Rock Rd in Houston is a Strip Shopping Center property, in the 77081 zip code. This property boasts 10788 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1976 Hoya & Company Inc C/O Venture Investment Group created 9300 SF of improvements. CXRE further estimates Hoya & Company Inc C/O Venture Investment Group and the property’s previous owners, have realized approximately $800,000 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $111,000.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD370590250018
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF9,300
  • Min Contiguous SF10,788
  • OwnerHOYA & COMPANY INC C/O VENTURE INVESTMENT GROUP
  • QualityAverage
  • Rentable Building Area9250
  • Use Code DescriptionReal, Commercial
  • Year Built1976

Financial Details

  • Est. Accrued Depreciation$799,986
  • Est. Avg. Income111000
  • MS Replacement Cost$799,986
  • Value Per Sq Ft$0.00