Listings

CXRE Commercial Real Estate

Commercial Property

7821 Highway 6 S, Houston

Houston, TX 77083

40,019 Sq Ft
39360 Acres
houston, retail

Location

This Neighborhood Shopping Ctr commercial property located at 7821 Highway 6 S in Houston is a Strip Shopping Center property, in the 77083 zip code. This property boasts 44261 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1984 Win An Limited Partnership created 40019 SF of improvements. CXRE further estimates Win An Limited Partnership and the property’s previous owners, have realized approximately $3,442,400 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $373,900.

Property Information

Building #1
Building ClassC - Masonry Bearing
Building StyleNeighborhood Shopping Ctr
HCAD Property IDHarrisCAD1162150000001
Improved Type DescriptionStrip Shopping Center
Max Contiguous SF40,019
Min Contiguous SF44,261
OwnerWIN AN LIMITED PARTNERSHIP
QualityAverage
Rentable Building Area39360
Use Code DescriptionReal, Commercial
Year Built1984

Financial Details

Est. Accrued Depreciation$3,442,434
Est. Avg. Income373920

MS Replacement Cost$3,442,434
Value Per Sq Ft$0.00

The 77083 zip code contains the Mission Bend neighborhood, and has a population of 70,837. The Mission Bend suburbs are moderately spaced, with just under 7,000 people per square mile. The median household income is $53,879 and the median home value is $117,900. The majority of the housing was built in the 1980’s and mostly owned with a mortgage. The median population age is 32, with 47.5% of the population over 25 having achieved a high school diploma, with another 29.7% having achieved a collegiate degree.

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