This Neighborhood Shopping Ctr commercial property located at 5950 Fm 1960 Rd W in Houston is a Strip Shopping Center property, in the 77069 zip code. This property boasts 8120 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 1977 Mgm Holdings Llc created 8120 SF of improvements. CXRE further estimates Mgm Holdings Llc and the property’s previous owners, have realized approximately $823,000 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $116,800.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD981630000227
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF8,120
  • Min Contiguous SF8,120
  • OwnerMGM HOLDINGS LLC
  • QualityGood
  • Rentable Building Area8056
  • Use Code DescriptionReal, Commercial
  • Year Built1977

Financial Details

  • Est. Accrued Depreciation$823,043
  • Est. Avg. Income116812
  • MS Replacement Cost$823,043
  • Value Per Sq Ft$0.00