This Neighborhood Shopping Ctr commercial property located at 7402 Fairbanks N Houston Rd in Houston is a Strip Shopping Center property, in the 77040 zip code. This property boasts 17724 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1979 Fairbanks Center Ltd created 15820 SF of improvements. CXRE further estimates Fairbanks Center Ltd and the property’s previous owners, have realized approximately $1,360,800 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $158,200.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD1111470000002
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF15,820
  • Min Contiguous SF17,724
  • OwnerFAIRBANKS CENTER LTD
  • QualityAverage
  • Rentable Building Area15820
  • Use Code DescriptionReal, Commercial
  • Year Built1979

Financial Details

  • Est. Accrued Depreciation$1,360,836
  • Est. Avg. Income158200
  • MS Replacement Cost$1,360,836
  • Value Per Sq Ft$0.00