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    2304 Old Rd Friendswood, TX 77546

    Sponsored
    For Sale
    $2,200,000

    4 Acres, Prime Location, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 4.01-acre property in Friendswood, Texas, presents a unique investment opportunity. Strategically situated between established commercial developments on Friendswood Drive (including a service station and shopping center), the thriving West Ranch commercial area, and the recreational amenity of Centennial Park, this land offers significant potential. Currently zoned for residential use, the property's ideal future use appears to be commercial, making it an attractive prospect for developers. The asking price reflects land value only; no structures are included, and showings will not include the existing buildings. While currently equipped with an aerobic septic system, city utilities conveniently surround the property. Benefiting from pre-existing drainage infrastructure installed during the West Ranch development, this land boasts excellent drainage capabilities. Two existing ponds further enhance the property's character. The property's APN is 6570-0000-0052-001. Prospective buyers are responsible for verifying all development requirements and obtaining necessary permits. This is a rare chance to acquire a sizable parcel in a high-growth area with exceptional access and visibility. The address is 2304 Old Rd, Friendswood, TX 77546.

    Property Features for 2304 Old Rd

    General Information

    Property type
    Land
    Lot Size
    174,676 SF

    HighLights

    • $2,200,000 asking price.
    • 4.01‑acre land parcel.
    • Located in Friendswood, TX, APN 6570‑0000‑0052‑001.
    • Currently zoned residential, but with potential for commercial development.
    • Sold as‑is; existing structure will not be shown.
    • City utilities available nearby; existing drainage and septic system on site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Friendswood
    County
    Galveston
    State
    Texas
    Longitude
    -95.180350610458
    Latitude
    29.495464776464

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    FAQs

    What type of property is this?
    Land - 4 Acres, Prime Location, High Potential
    Where is this land located?
    The property is located at 2304 Old Rd Friendswood, TX.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price.; 4.01-acre land parcel.; Located in Friendswood, TX, APN 6570-0000-0052-001.
    (832) 264-8934
    Request Owner's contact information
    2304 Old 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
    2304 Old Rd Friendswood, TX 77546
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