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Property profile & analytics

306 Edgewood Dr Friendswood, TX 77546

  • Commercial real estate
  • 1,488 SF
  • 0.12 lot acres
Value Estimation
$320,000
Location Intelligence
Property ID
US82-4850626
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Great American Title / Title Company
  • Thomas James R CPA / Accountant
  • Friends Knoll / Business Center
  • The Hair Hangout / Hair Salon
  • USA Clean Pools Friendswood / Swimming Pool Contractor

Property Details for 306 Edgewood Dr

Year built
2004
Lot size
0.12 lot acres
Property size
1,488 SF
Property type
Commercial real estate
APN
3468-0000-0005-000
APU
346800000005000

Description

This 8,880 square foot, single-story commercial building at 306 Business Park, located near W Edgewood Dr and Friends Knoll Ln, offers multiple suites perfect for a variety of businesses. Currently, 3,000 square feet are available, divisible into units ranging from 780 to 1,560 contiguous square feet. Suite A (780 sq ft, expandable to 1,560 sq ft) was previously an attorney's office and is easily adaptable for small businesses or executive offices. Suite B (780 sq ft, expandable to 1,560 sq ft) boasts an open floor plan, ideal for creative businesses, and features two existing plumbing stations. Both Suites A and B offer high visibility and abundant natural light. Suite D (1,440 sq ft), a former dentist's office, includes six rooms, a reception area, and a kitchen, making it suitable for businesses requiring multiple rooms, such as medical practices or executive offices with multiple employees. All suites feature 10-foot ceilings and non-weight-bearing interior walls, allowing for extensive tenant improvements. The building, constructed in 2004, is Class C and the landlord covers water, sewer, and trash services. This property presents a unique opportunity for businesses seeking flexible, adaptable spaces in a convenient location. The APN is 3468-0000-0001-000.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $295,000
  • CAP approach

    CAP return
    Estimation
    6%
    $435,000
    6.5%
    $380,000
    7%
    $420,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $425,000
    Geo Method
    $390,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $360,000
    Retail
    $460,000
    Mixed-Use
    $455,000
    Hospitality
    $410,000
    Educational
    $345,000
    Residential Income
    $415,000
    Energy
    $340,000
    Income-Based Land
    $380,000
    Food Service
    $445,000

Location Insight

  • Map
  • Local Demand
City
Friendswood
County
Galveston
State
Texas
Longitude
-95.2101
Latitude
29.5304
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2018
$1,004
$20,400
$143,900
$164,300
-
$20,400
$143,900
$164,300
More about this property
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