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    522 Friendswood Dr Friendswood, TX 77546

    For Sale
    Contact for pricing

    14 Acres, Divisible, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 14-acre commercial land parcel presents a unique investment opportunity in the thriving Friendswood, Texas market. Strategically located at the southeast and southwest corners of FM 518 and Chelsea Lane, this property boasts exceptional visibility and accessibility, with over 25,000 vehicles passing daily. The site is divisible by Chelsea Lane, offering two distinct tracts: an 8.47-acre parcel at the southwest corner and a 5.538-acre parcel at the southeast corner. This allows for flexibility in development, with the possibility of creating individual pad sites. Situated within a rapidly growing retail area, the property benefits from strong demographics, including an average household income exceeding $120,000 within a 3-mile radius, drawing from the surrounding communities of Pearland, Friendswood, and League City. The property is zoned CSC - Commercial Shopping Center, and utilities are available

    Property Features for 522 Friendswood Dr

    General Information

    Property type
    Land

    HighLights

    • 14‑acre commercial land parcel in Friendswood, TX, at FM 518 & Chelsea Lane.
    • High visibility with over 25,000 vehicles passing daily.
    • Divisible into two tracts (8.47 acres & 5.53 acres), allowing for flexible development.
    • Strong demographics, with average household income exceeding $120,000 within a 3‑mile radius.
    • CSC (Commercial Shopping Center) zoning; utilities available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATM Atm First Stop Food ... Convenience Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Friendswood
    County
    Galveston
    State
    Texas
    Longitude
    -95.216541437325
    Latitude
    29.540052858935

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    FAQs

    What type of property is this?
    Land - 14 Acres, Divisible, High Visibility
    Where is this land located?
    The property is located at 522 Friendswood Dr Friendswood, TX.
    What are key features of this property?
    This property features: 14-acre commercial land parcel in Friendswood, TX, at FM 518 & Chelsea Lane.; High visibility with over 25,000 vehicles passing daily.; Divisible into two tracts (8.47 acres & 5.53 acres), allowing for flexible development.
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    522 Friendswood Dr 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
    522 Friendswood Dr Friendswood, TX 77546
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