This Neighborhood Shopping Ctr commercial property located at 8505 Airline Dr in Houston is a Strip Shopping Center property, in the 77037 zip code. This property boasts 21300 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 2003 Trung Duc Pham & Nancy created 19500 SF of improvements. CXRE further estimates Trung Duc Pham & Nancy and the property’s previous owners, have realized approximately $1,677,400 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $292,500.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD450510000060
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF19,500
  • Min Contiguous SF21,300
  • OwnerTRUNG DUC PHAM & NANCY
  • QualityAverage
  • Rentable Building Area19500
  • Use Code DescriptionReal, Commercial
  • Year Built2003

Financial Details

  • Est. Accrued Depreciation$1,677,390
  • Est. Avg. Income292500
  • MS Replacement Cost$1,677,390
  • Value Per Sq Ft$0.00