This Neighborhood Shopping Ctr commercial property located at 7818 Hillcroft St in Houston is a Strip Shopping Center property, in the 77081 zip code. This property boasts 17004 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1960 Festival Properties Inc created 14800 SF of improvements. CXRE further estimates Festival Properties Inc and the property’s previous owners, have realized approximately $1,273,100 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $173,700.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD882600000015
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF14,800
  • Min Contiguous SF17,004
  • OwnerFESTIVAL PROPERTIES INC
  • QualityAverage
  • Rentable Building Area14473
  • Use Code DescriptionReal, Commercial
  • Year Built1960

Financial Details

  • Est. Accrued Depreciation$1,273,096
  • Est. Avg. Income173676
  • MS Replacement Cost$1,273,096
  • Value Per Sq Ft$0.00