Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    17970 Gulf Fwy Friendswood, TX 77546

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-traffic commercial lot, I-45 access.

    Property Features for 17970 Gulf Fwy

    General Information

    Property type
    Land
    Lot Size
    425,712 SF

    We can help!

    Listing Contact
    Jeff Lynch
    Jeff Lynch

    Listing Agency: JT Lynch Company Listing Agent: Jeff Lynch

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 9.773-acre commercial land parcel boasts 398.82 feet of frontage on the Gulf Freeway (I-45 South feeder road). Its strategic location sits directly between the off-ramp and on-ramp, providing unparalleled visibility and accessibility for businesses. The property is already platted with the City of Houston, simplifying the development process. Essential utilities, including water and storm drainage, are readily available, minimizing infrastructure costs. This prime location offers significant potential for a variety of commercial ventures, capitalizing on the high volume of traffic along this major thoroughfare. The expansive lot size allows for substantial development opportunities, making it an ideal investment for businesses seeking high visibility and convenient access to a major transportation artery in the thriving Harris County, Texas market. The property is located in Friendswood, TX, zip code 77546, at 17970 Gulf Fwy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land Rover Clear ... Auto Repair Shop Jaguar Clear Lake ... Car Dealership ChargePoint Charging Station Electric Vehicle Charging Station JLR Clear Lake Car Dealership Jaguar Clear Lake ... Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Friendswood
    County
    Harris
    State
    Texas
    Longitude
    -95.160832394457
    Latitude
    29.56002895814

    Nearby Similar for Sale

    • $5,500,000

      Friendswood Retail Investment Opportunity

      100% occupied, net-leased retail property in Friendswood, Texas.
      1720 South Friendswood Dr, Friendswood, TX 77546
      View Details
    • Contact for pricing
      5,563 SF

      Medical Office Building For Sale

      5,563 SF medical office building with long-term tenant.
      1729 S Friendswood Dr, Friendswood, TX 77546
      View Details
    • Contact for pricing
      17,500 SF

      Houston Industrial Manufacturing Buildings For Sale

      State-of-the-art industrial development with superior connectivity and manufacturing efficiency.
      16330 Beamer Rd, Friendswood, TX 77546
      View Details
    • $7,500,000
      14,000 SF

      Friendswood Super Market - For Sale

      High-volume retail storefront, prime location.
      4321 Friendswood Link Rd, Friendswood, TX 77546
      View Details
    • Contact for pricing
      15,000 SF

      Friendswood Industrial Park Investment

      Modern Flex Space, 15,000 SF
      4401 Rex Rd, Friendswood, TX 77546
      View Details

    FAQs

    What type of property is this?
    Land - High-traffic commercial lot, I-45 access.
    Where is this land located?
    The property is located at 17970 Gulf Fwy Friendswood, TX.
    What are key features of this property?
    This property features: 9.773-acre commercial land parcel for sale by owner.; 398.82 feet of Gulf Freeway frontage.; Located between I-45 South feeder on-ramp and off-ramp.
    (832) 900-2420 Call to check price and availability
    Request Owner's contact information
    17970 Gulf Fwy Friendswood, TX 77546
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    17970 Gulf Fwy
    Friendswood, TX 77546
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17970 Gulf Fwy Friendswood, TX 77546
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jeff Lynch
    Jeff Lynch
    Real Estate License ID: 661400
    (832) 900-2420 (281) 440-5225
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!