This Neighborhood Shopping Ctr commercial property located at 8501 Long Point Rd in Houston is a Strip Shopping Center property, in the 77055 zip code. This property boasts 3848 square feet and is in Low condition. According to CXRE’s research team: since its construction commenced in 1970 Syk Investment Inc created 3393 SF of improvements. CXRE further estimates Syk Investment Inc and the property’s previous owners, have realized approximately $242,300 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $111,000.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD440340020189
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF3,393
- Min Contiguous SF3,848
- OwnerSYK INVESTMENT INC
- QualityLow
- Rentable Building Area8541
- Use Code DescriptionReal, Commercial
- Year Built1970
Financial Details
- Est. Accrued Depreciation$242,294
- Est. Avg. Income111033
- MS Replacement Cost$242,294
- Value Per Sq Ft$0.00