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