Listings

CXRE Commercial Real Estate

Commercial Property

792 Normandy St, Houston

Houston, TX 77015

9,360 Sq Ft
9360 Acres
houston, retail

Location

This Neighborhood Shopping Ctr commercial property located at 792 Normandy St in Houston is a Strip Shopping Center property, in the 77015 zip code. This property boasts 10452 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 2004 Current Owner % Alex Madathilthaze created 9360 SF of improvements. CXRE further estimates Current Owner % Alex Madathilthaze and the property’s previous owners, have realized approximately $805,100 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $103,000.

Property Information

Building #1
Building ClassC - Masonry Bearing
Building StyleNeighborhood Shopping Ctr
HCAD Property IDHarrisCAD1190270010003
Improved Type DescriptionStrip Shopping Center
Max Contiguous SF9,360
Min Contiguous SF10,452
OwnerCURRENT OWNER % ALEX MADATHILTHAZE
QualityAverage
Rentable Building Area9360
Use Code DescriptionReal, Commercial
Year Built2004

Financial Details

Est. Accrued Depreciation$805,147
Est. Avg. Income102960

MS Replacement Cost$805,147
Value Per Sq Ft$0.00

The 77015 zip code contains the Cloverleaf and Greens Bayou neighborhoods, as well as the Greens Port industrial port running along Buffalo Bayou. The suburbs are fairly spacious, with a population density of 2,539 persons per square mile and an overall population of 53,621. The median household income is $44,167 and the median population age is 29 years old, with 84.2% of the population over 25 having earned a high school diploma or less. The majority of the housing was built in the 70’s and 80’s, with a median value of $92,200.

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