This Neighborhood Shopping Ctr commercial property located at 9501 Long Point Rd in Houston is a Strip Shopping Center property, in the 77055 zip code. This property boasts 28968 square feet and is in Average condition. According to CXRE’s research team: since its construction commenced in 1984 Oak Tree Shopping Center % Min Un Lee created 26355 SF of improvements. CXRE further estimates Oak Tree Shopping Center % Min Un Lee and the property’s previous owners, have realized approximately $2,267,100 of depreciation on this commercial property. The estimated rental income from this property over the last year was projected to be $297,800.

Property Information

  • Building #1
  • Building ClassC - Masonry Bearing
  • Building StyleNeighborhood Shopping Ctr
  • HCAD Property IDHarrisCAD790510020024
  • Improved Type DescriptionStrip Shopping Center
  • Max Contiguous SF26,355
  • Min Contiguous SF28,968
  • QualityAverage
  • Rentable Building Area25899
  • Use Code DescriptionReal, Commercial
  • Year Built1984

Financial Details

  • Est. Accrued Depreciation$2,267,057
  • Est. Avg. Income297839
  • MS Replacement Cost$2,267,057
  • Value Per Sq Ft$0.00