This Neighborhood Shopping Ctr commercial property located at 5901 Westheimer Rd in Houston is a Strip Shopping Center property, in the 77057 zip code. This property boasts 52347 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1975 Palmyra Commercial Limited created 46943 SF of improvements. CXRE further estimates Palmyra Commercial Limited and the property’s previous owners, have realized approximately $4,038,000 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $1,176,500.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD690430000013
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF46,943
- Min Contiguous SF52,347
- OwnerPALMYRA COMMERCIAL LIMITED
- QualityAverage
- Rentable Building Area47058
- Use Code DescriptionReal, Commercial
- Year Built1975
Financial Details
- Est. Accrued Depreciation$4,038,038
- Est. Avg. Income1176450
- MS Replacement Cost$4,038,038
- Value Per Sq Ft$0.00