Commercial Real Estate Market in Friendswood, TX
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
42 active listings and 724 off-market properties in Friendswood, TX. Commercial property asks $71/SF to buy and $22.50/SF/Yr to lease.
Market Trends
Friendswood, TX spans 27.2 square miles in Galveston County, Texas. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Friendswood, TX runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Friendswood, TX runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Friendswood, TX runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Friendswood, TX runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 70.8%
- Planned_development 13.1%
- Industrial 9.8%
- Commercial 6.3%
- Agricultural 0.1%
Largest Zones share of zoned land by district
Single Family Residential
Planned Unit Development Residential
Industrial
Commercial Shopping Center
Garden Home District
Friendswood, TX zones 11,678 acres across 19 districts. Commercial zoning covers 6.3% of zoned land, residential 70.8% and industrial 9.8%. The largest single district is Single Family Residential at 67.1%. For commercial buyers the practical constraint is that only 16% of land carries a commercial or industrial designation.
Single Family Residential (SFR)
For land zoned single-family residential (SFR), single-family residential estate (SFR-E), or garden home district (GHD), when a development proposal has been approved in conjunction with a previously approved preliminary plat; b. For land zoned NC (neighborhood commercial), CSC (community shopping center), DD (downtown district), OPD (office park district),…
Market overview
Demographics & Economy
Friendswood, TX has 54,670 residents in 19,600 households. Density runs 2,011 people per square mile. Median household income here is $121,914 and median gross rent $1,689 a month.
54,670
Population
19,600
Households
2.8
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
27.2 sq mi
ZIP Area
2,011
Density / Sq Mi
$121,914
Median Household Income
$67,580
Median Earnings
$1,689
Median Rent
$354,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Webster | — | — |
| Brookside Village | — | — |
| Nassau Bay | — | — |
| League City | — | $23.63 |
Commercial property in Friendswood, TX asks $71/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Friendswood?
Commercial property in Friendswood, TX asks an average of $71 per square foot.
How much does it cost to lease commercial space in Friendswood?
Asking lease rates in Friendswood, TX average $22.50 per square foot per year.
What zoning applies to commercial property in Friendswood?
Friendswood, TX zones 11,678 acres across 19 districts, of which 6.3% is commercial and 9.8% industrial. The largest single district is Single Family Residential at 67.1% of zoned land. For land zoned single-family residential (SFR), single-family residential estate (SFR-E), or garden home district (GHD), when a development proposal has been approved in conjunction with a previously approved preliminary plat; b. For land zoned NC (neighborhood commercial), CSC (community shopping center), DD (downtown district), OPD (office park district),… Residential zoning covers 70.8% and open space 0%.
Where does Realmo's Friendswood market data come from?
Realmo compiles Friendswood, TX figures from 35 active sale listings, 7 active lease listings, 724 tracked off-market properties, the current Friendswood zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 35 active for-sale and 7 active for-lease listings in Friendswood, TX. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 11,678 zoned acres across 19 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
