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