This Neighborhood Shopping Ctr commercial property located at 8510 Long Point Rd in Houston is a Strip Shopping Center property, in the 77055 zip code. This property boasts 9972 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1960 Northwest Business Place Lp created 8972 SF of improvements. CXRE further estimates Northwest Business Place Lp and the property’s previous owners, have realized approximately $771,800 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $370,400.
Property Information
- Building #1
- Building ClassC - Masonry Bearing
- Building StyleNeighborhood Shopping Ctr
- HCAD Property IDHarrisCAD762250020003
- Improved Type DescriptionStrip Shopping Center
- Max Contiguous SF8,972
- Min Contiguous SF9,972
- OwnerNORTHWEST BUSINESS PLACE LP
- QualityAverage
- Rentable Building Area32205
- Use Code DescriptionReal, Commercial
- Year Built1960
Financial Details
- Est. Accrued Depreciation$771,771
- Est. Avg. Income370358
- MS Replacement Cost$771,771
- Value Per Sq Ft$0.00