This Neighborhood Shopping Ctr commercial property located at 5945 Bellaire Blvd in Houston is a Strip Shopping Center property, in the 77081 zip code. This property boasts 12534 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 2007 Newtex Properties Lp created 11000 SF of improvements. CXRE further estimates Newtex Properties Lp and the property’s previous owners, have realized approximately $1,115,000 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $198,000.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD1290370010001
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF11,000
  • Min Contiguous SF12,534
  • OwnerNEWTEX PROPERTIES LP
  • QualityGood
  • Rentable Building Area9900
  • Use Code DescriptionReal, Commercial
  • Year Built2007

Financial Details

  • Est. Accrued Depreciation$1,114,960
  • Est. Avg. Income198000
  • MS Replacement Cost$1,114,960
  • Value Per Sq Ft$0.00