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    1 Fm 528 Rd Friendswood, TX 77546

    For Sale
    $1,250,000

    ±5.66 Acres, High Traffic, Commercial Zoning

    Property size:
    246,550 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional ±5.66-acre commercial property in Friendswood, Texas, presents a remarkable investment opportunity. Located on FM 528 in Galveston County, this vacant land boasts approximately 528 feet of frontage on a major thoroughfare with a daily traffic count of 16,235 vehicles. The property is zoned for commercial use, making it ideal for a variety of retail or industrial developments. With a total square footage of 246,550, the asking price is $1,250,000, or $6 per square foot. Utilities are readily available, and the site offers two convenient curb cuts and access to nearby Mandale Road. This prime location in a rapidly growing area ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a strategic foothold in the Friendswood market. The property's size and location provide significant potential for future development and substantial return on investment. The zip code is 77546.

    Property Features for 1 Fm 528 Rd

    General Information

    Property type
    Land
    Square Feet
    246,550 SF
    Lot Size
    246,550 SF

    HighLights

    • ±5.66 Acres for Sale in Friendswood, TX.
    • ±528 Feet of FM 528 Frontage.
    • Commercially Zoned.
    • Ideal for Industrial/Retail Development.
    • Located in a High‑Growth Area.
    • Utilities Available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Friendswood
    County
    Galveston
    State
    Texas
    Longitude
    -95.1970273
    Latitude
    29.5020377

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    FAQs

    What type of property is this?
    Land - ±5.66 Acres, High Traffic, Commercial Zoning
    Where is this land located?
    The property is located at 1 Fm 528 Rd Friendswood, TX.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: ±5.66 Acres for Sale in Friendswood, TX.; ±528 Feet of FM 528 Frontage.; Commercially Zoned.
    Request Owner's contact information
    1 Fm 528 Rd Friendswood, TX 77546
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    Friendswood, TX 77546
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    Realmo Value Estimation

    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.

    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.

    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
    1 Fm 528 Rd Friendswood, TX 77546
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