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