This Neighborhood Shopping Ctr commercial property located at 7640 Airline Dr in Houston is a Strip Shopping Center property, in the 77037 zip code. This property boasts 14071 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 2005 R & B Estate Investment Company created 12488 SF of improvements. CXRE further estimates R & B Estate Investment Company and the property’s previous owners, have realized approximately $1,265,800 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $186,800.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD1251560010001
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF12,488
  • Min Contiguous SF14,071
  • OwnerR & B ESTATE INVESTMENT COMPANY
  • QualityGood
  • Rentable Building Area12450
  • Use Code DescriptionReal, Commercial
  • Year Built2005

Financial Details

  • Est. Accrued Depreciation$1,265,784
  • Est. Avg. Income186750
  • MS Replacement Cost$1,265,784
  • Value Per Sq Ft$0.00