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