This Neighborhood Shopping Ctr commercial property located at 635 Gulf Bank Rd in Houston is a Strip Shopping Center property, in the 77037 zip code. This property boasts 21298 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1970 Ng Rosalind Jwg Corp created 16700 SF of improvements. CXRE further estimates Ng Rosalind Jwg Corp and the property’s previous owners, have realized approximately $1,436,500 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $216,700.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD772870020001
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF16,700
- Min Contiguous SF21,298
- OwnerNG ROSALIND JWG CORP
- QualityAverage
- Rentable Building Area19700
- Use Code DescriptionReal, Commercial
- Year Built1970
Financial Details
- Est. Accrued Depreciation$1,436,534
- Est. Avg. Income216700
- MS Replacement Cost$1,436,534
- Value Per Sq Ft$0.00