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