This Neighborhood Shopping Ctr commercial property located at 5700 Bellaire Blvd in Houston is a Strip Shopping Center property, in the 77081 zip code. This property boasts 39982 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 2003 Lonato Investment & Company Llc created 39982 SF of improvements. CXRE further estimates Lonato Investment & Company Llc and the property’s previous owners, have realized approximately $3,439,300 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $997,000.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD1257240010001
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF39,982
- Min Contiguous SF39,982
- OwnerLONATO INVESTMENT & COMPANY LLC
- QualityAverage
- Rentable Building Area58646
- Use Code DescriptionReal, Commercial
- Year Built2003
Financial Details
- Est. Accrued Depreciation$3,439,251
- Est. Avg. Income996982
- MS Replacement Cost$3,439,251
- Value Per Sq Ft$0.00