This Neighborhood Shopping Ctr commercial property located at 7040 Lawndale St in Houston is a Strip Shopping Center property, in the 77023 zip code. This property boasts 22525 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1960 Spartacus Partners Lp created 19875 SF of improvements. CXRE further estimates Spartacus Partners Lp and the property’s previous owners, have realized approximately $1,709,600 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $312,600.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD410300000505
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF19,875
  • Min Contiguous SF22,525
  • OwnerSPARTACUS PARTNERS LP
  • QualityAverage
  • Rentable Building Area23880
  • Use Code DescriptionReal, Commercial
  • Year Built1960

Financial Details

  • Est. Accrued Depreciation$1,709,648
  • Est. Avg. Income312589
  • MS Replacement Cost$1,709,648
  • Value Per Sq Ft$0.00