Listings

CXRE Commercial Real Estate

Commercial Property

7610 Cherry Park Dr 344, Houston

Houston, TX 77095

7,652 Sq Ft
34317 Acres
houston, retail

Location

This Neighborhood Shopping Ctr commercial property located at 7610 Cherry Park Dr 344 in Houston is a Strip Shopping Center property, in the 77095 zip code. This property boasts 9106 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1985 Athens Investments Llc created 7652 SF of improvements. CXRE further estimates Athens Investments Llc and the property’s previous owners, have realized approximately $658,200 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $308,900.

Property Information

Building #1
Building ClassC - Masonry Bearing
Building StyleNeighborhood Shopping Ctr
HCAD Property IDHarrisCAD1153830000010
Improved Type DescriptionStrip Shopping Center
Max Contiguous SF7,652
Min Contiguous SF9,106
OwnerATHENS INVESTMENTS LLC
QualityAverage
Rentable Building Area34317
Use Code DescriptionReal, Commercial
Year Built1985

Financial Details

Est. Accrued Depreciation$658,225
Est. Avg. Income308853

MS Replacement Cost$658,225
Value Per Sq Ft$0.00

The 77095 zip code includes the Stonegate, Copperfield, and Hearthstone areas, with a population of 66,502. The area mostly comprises suburbs and small retail areas, but includes two larger industrial business parks. The Stonegate area is the most upscale suburb of the zip code area, with the Houston National Golf Club as its center. The median household income is $89,393 and the median home value is $167,000. The majority of homes were built in the 2000’s. The median population age is 34 years old, and 51% of the population over 25 have a collegiate level degree.

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