This Neighborhood Shopping Ctr commercial property located at 8726 Richmond Ave in Houston is a Strip Shopping Center property, in the 77063 zip code. This property boasts 11508 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 2006 8726 Almassi Llc created 10880 SF of improvements. CXRE further estimates 8726 Almassi Llc and the property’s previous owners, have realized approximately $1,102,800 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $202,700.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD1253770010001
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF10,880
  • Min Contiguous SF11,508
  • Owner8726 ALMASSI LLC
  • QualityGood
  • Rentable Building Area10780
  • Use Code DescriptionReal, Commercial
  • Year Built2006

Financial Details

  • Est. Accrued Depreciation$1,102,797
  • Est. Avg. Income202664
  • MS Replacement Cost$1,102,797
  • Value Per Sq Ft$0.00