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Property profile & analytics

1305 Parkwood Ave Friendswood, TX 77546

  • Office Properties & Spaces
  • 2,500 SF
  • 0.19 lot acres
Value Estimation
$335,000
Location Intelligence
Property ID
US82-2898253
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

  • Dr. Walter D. Gaffney Jr, DDS / Endodontist
  • Allstate Personal Financial Representative: Michael Wiggins / Insurance Agency / Life Insurance Agency
  • Champions Insurance Agency / Insurance Agency
  • Dr. Chelsea Schlegel / Allergist
  • Hopkins Victoria R MD / Family Practice Physician

Property Details for 1305 Parkwood Ave

Year built
2008
Lot size
0.19 lot acres
Property size
2,500 SF
Property type
Office Properties & Spaces
APN
1629-0000-0101-000
APU
162900000101000

Description

Barras Business Park, located at 1305 W Parkwood Ave in Friendswood, Texas (zip code 77546), offers a diverse range of office spaces ideal for various business needs. This Class B office park boasts a total of 60,000 square feet and currently has multiple spaces available, ranging from 1,200 square feet to 14,000 square feet. The property is categorized as a Medical Office, Traditional Office, and Creative Office building, providing flexibility for a variety of tenants. Situated in Galveston County, this location benefits from high visibility due to existing stable tenants, ensuring significant foot traffic and exposure for your business. The address is easily accessible within Friendswood, offering convenient access for employees and clients alike. The multiple tenancy structure provides a dynamic and collaborative environment. Interested parties should inquire for details on available spaces and lease terms. This prime location in a thriving community presents a unique opportunity for businesses seeking high-quality office space in a well-established business park. The property's diverse space options cater to businesses of all sizes, from small startups to larger established companies. The convenient location and high visibility make this an exceptional opportunity for businesses seeking to establish or expand their presence in the Friendswood area.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $320,000
  • CAP approach

    CAP return
    Estimation
    6%
    $400,000
    6.5%
    $420,000
    7%
    $405,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $430,000
    Geo Method
    $380,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $455,000
    Retail
    $390,000
    Mixed-Use
    $440,000
    Hospitality
    $365,000
    Educational
    $350,000
    Residential Income
    $405,000
    Energy
    $445,000
    Income-Based Land
    $395,000
    Food Service
    $345,000

Location Insight

  • Map
  • Local Demand
City
Friendswood
County
Galveston
State
Texas
Longitude
-95.2027
Latitude
29.4981
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
$1,463
$50,280
$190,720
$241,000
-
$50,280
$190,720
$241,000
More about this property
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