This Neighborhood Shopping Ctr commercial property located at 883 Federal Rd in Houston is a Strip Shopping Center property, in the 77015 zip code. This property boasts 20720 square feet and is in Good condition. According to CXRE’s research team: since its construction commenced in 2007 B & G Real Estate Partnership created 18480 SF of improvements. CXRE further estimates B & G Real Estate Partnership and the property’s previous owners, have realized approximately $1,594,500 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $293,500.

Property Information

  • Building #1
  • Building ClassS - Open Steel Skeleton
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD1268320010002
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF18,480
  • Min Contiguous SF20,720
  • OwnerB & G REAL ESTATE PARTNERSHIP
  • QualityGood
  • Rentable Building Area18344
  • Use Code DescriptionReal, Commercial
  • Year Built2007

Financial Details

  • Est. Accrued Depreciation$1,594,454
  • Est. Avg. Income293504
  • MS Replacement Cost$1,594,454
  • Value Per Sq Ft$0.00