Listings

CXRE Commercial Real Estate

Commercial Property

8955 Highway 6 N, Houston

Houston, TX 77095

14,108 Sq Ft
36645 Acres
houston, retail

Location

This Neighborhood Shopping Ctr commercial property located at 8955 Highway 6 N in Houston is a Strip Shopping Center property, in the 77095 zip code. This property boasts 14262 square feet and is in Excellent condition. According to CXRE’s research team: since its construction commenced in 2002 Houston Ny Investment Inc created 14108 SF of improvements. CXRE further estimates Houston Ny Investment Inc and the property’s previous owners, have realized approximately $1,718,900 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $696,300.

Property Information

Building #1
Building ClassC - Masonry Bearing
Building StyleNeighborhood Shopping Ctr
HCAD Property IDHarrisCAD1181930030020
Improved Type DescriptionStrip Shopping Center
Max Contiguous SF14,108
Min Contiguous SF14,262
OwnerHOUSTON NY INVESTMENT INC
QualityExcellent
Rentable Building Area36645
Use Code DescriptionReal, Commercial
Year Built2002

Financial Details

Est. Accrued Depreciation$1,718,919
Est. Avg. Income696255

MS Replacement Cost$1,718,919
Value Per Sq Ft$0.00

The 77095 zip code includes the Stonegate, Copperfield, and Hearthstone areas, with a population of 66,502. The area mostly comprises suburbs and small retail areas, but includes two larger industrial business parks. The Stonegate area is the most upscale suburb of the zip code area, with the Houston National Golf Club as its center. The median household income is $89,393 and the median home value is $167,000. The majority of homes were built in the 2000’s. The median population age is 34 years old, and 51% of the population over 25 have a collegiate level degree.

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