Listings

CXRE Commercial Real Estate

Commercial Property

5815 W Gulf Bank Rd, Houston

Houston, TX 77088

5,040 Sq Ft
28730 Acres
houston, retail

Location

This Neighborhood Shopping Ctr commercial property located at 5815 W Gulf Bank Rd in Houston is a Strip Shopping Center property, in the 77088 zip code. This property boasts 5040 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1978 White Lotus Investments created 5040 SF of improvements. CXRE further estimates White Lotus Investments and the property’s previous owners, have realized approximately $433,500 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $215,500.

Property Information

Building #1
Building ClassC - Masonry Bearing
Building StyleNeighborhood Shopping Ctr
HCAD Property IDHarrisCAD432390000013
Improved Type DescriptionStrip Shopping Center
Max Contiguous SF5,040
Min Contiguous SF5,040
OwnerWHITE LOTUS INVESTMENTS
QualityAverage
Rentable Building Area28730
Use Code DescriptionReal, Commercial
Year Built1978

Financial Details

Est. Accrued Depreciation$433,541
Est. Avg. Income215475

MS Replacement Cost$433,541
Value Per Sq Ft$0.00

The 77088 zip code has a population of 49,660, and includes the Inwood, Heather Glen, and Acres Homes neighborhoods. The majority of the area is suburban, with some retail area as well. Most households were built in the 1970’s, and have a median value of $93,400. The population has a median age of 32 years old. 82% of the population over 25 years of age has earned a high school diploma or less, and the median household income is $40,868.

CXRE, LLC is a technology-driven commercial real estate services firm providing solutions for landlords and tenants throughout Texas. Our experts work across commercial property management, the top commercial real estate brokers, who provide both tenant and owner commercial office leasing services for institutional, office, medical and government clients throughout Houston, Dallas-Ft. Worth, San Antonio, and their various submarkets. We provide quantitatively effective, efficient and process-driven commercial real estate services for first-class building owners & office investors who demand expedited exceptionalism.The office buildings on this site are not being offerred for lease by CXRE Group or any of its affiliates; the office building data is an information source for prospective tenants who would like to hire CXRE, LLC to be its tenant representation broker.

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