This Neighborhood Shopping Ctr commercial property located at 8707 Martin Luther King Jr Blvd in Houston is a Strip Shopping Center property, in the 77033 zip code. This property boasts 11966 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1965 Telephone Road Property Holdings Llc created 10036 SF of improvements. CXRE further estimates Telephone Road Property Holdings Llc and the property’s previous owners, have realized approximately $863,300 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $80,000.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD470560000010
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF10,036
  • Min Contiguous SF11,966
  • OwnerTELEPHONE ROAD PROPERTY HOLDINGS LLC
  • QualityAverage
  • Rentable Building Area10000
  • Use Code DescriptionReal, Commercial
  • Year Built1965

Financial Details

  • Est. Accrued Depreciation$863,297
  • Est. Avg. Income80000
  • MS Replacement Cost$863,297
  • Value Per Sq Ft$0.00