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