This Neighborhood Shopping Ctr commercial property located at 6840 Ranchester Dr in Houston is a Strip Shopping Center property, in the 77036 zip code. This property boasts 23788 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1979 New Bellaire Corporation created 20520 SF of improvements. CXRE further estimates New Bellaire Corporation and the property’s previous owners, have realized approximately $1,765,100 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $364,500.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD1031500000003
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF20,520
  • Min Contiguous SF23,788
  • OwnerNEW BELLAIRE CORPORATION
  • QualityAverage
  • Rentable Building Area20250
  • Use Code DescriptionReal, Commercial
  • Year Built1979

Financial Details

  • Est. Accrued Depreciation$1,765,131
  • Est. Avg. Income364500
  • MS Replacement Cost$1,765,131
  • Value Per Sq Ft$0.00