528 At San Joaquin Pkwy Friendswood, TX 77546
This exceptional 6.38-acre tract, per survey, presents a remarkable opportunity for commercial development. Strategically located on FM 528 at San Joaquin Parkway in Friendswood, Texas, this corner lot boasts exceptional visibility and accessibility. The property enjoys a high daily traffic count exceeding 15,000 vehicles on FM 528, ensuring significant exposure for any commercial venture. Its proximity to Friendswood Junior High and High School provides a strong demographic base, making it an ideal location for neighborhood retail. The site's dimensions are well-suited for development, and its zoning as a Community Shopping Center District allows for a wide range of commercial uses. The asking price is $3,878,583, with a land value of $14 per square foot. This property offers a rare combination of location, size, and zoning, making it an outstanding investment opportunity in a thriving Texas community. The property is located in Galveston County, zip code 77546. This prime location offers excellent potential for a variety of commercial developments. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.