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