This Neighborhood Shopping Ctr commercial property located at 8470 Gulf Fwy in Houston is a Strip Shopping Center property, in the 77017 zip code. This property boasts 15626 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 1986 Shears Marital Trust created 13409 SF of improvements. CXRE further estimates Shears Marital Trust and the property’s previous owners, have realized approximately $1,359,100 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $158,100.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD402390010007
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF13,409
  • Min Contiguous SF15,626
  • OwnerSHEARS MARITAL TRUST
  • QualityGood
  • Rentable Building Area13175
  • Use Code DescriptionReal, Commercial
  • Year Built1986

Financial Details

  • Est. Accrued Depreciation$1,359,136
  • Est. Avg. Income158100
  • MS Replacement Cost$1,359,136
  • Value Per Sq Ft$0.00