This Neighborhood Shopping Ctr commercial property located at 7631 Clarewood Dr in Houston is a Strip Shopping Center property, in the 77036 zip code. This property boasts 33413 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1981 Kagan & Edelman created 27662 SF of improvements. CXRE further estimates Kagan & Edelman and the property’s previous owners, have realized approximately $2,379,500 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $331,100.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD930660000041
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF27,662
  • Min Contiguous SF33,413
  • OwnerKAGAN & EDELMAN
  • QualityAverage
  • Rentable Building Area27588
  • Use Code DescriptionReal, Commercial
  • Year Built1981

Financial Details

  • Est. Accrued Depreciation$2,379,485
  • Est. Avg. Income331056
  • MS Replacement Cost$2,379,485
  • Value Per Sq Ft$0.00