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
- OwnerOAK TREE SHOPPING CENTER % MIN UN LEE
- 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