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    Property profile & analytics

    1305 Parkwood Ave Ste A109 Friendswood, TX 77546-5700

    • Office Properties & Spaces
    • 2,877 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $330,000
    Location Intelligence
    Property ID
    US82-3717441
    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 / Financial Consultant / Insurance Agency
    • Champions Insurance Agency / Insurance Agency
    • Dr. Chelsea Schlegel / Allergist
    • Hopkins Victoria R MD / Family Practice Physician

    Property Details for 1305 Parkwood Ave Ste A109

    Year built
    2008
    Lot size
    0.21 lot acres
    Property size
    2,877 SF
    Property type
    Office Properties & Spaces
    APN
    1629-0000-0109-000
    APU
    162900000109000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $440,000
      6.5%
      $430,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $335,000
      Geo Method
      $420,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $435,000
      Retail
      $420,000
      Mixed-Use
      $440,000
      Hospitality
      $370,000
      Educational
      $450,000
      Residential Income
      $400,000
      Energy
      $400,000
      Income-Based Land
      $370,000
      Food Service
      $460,000

    Location Insight

    • Map
    • Local Demand
    City
    Friendswood
    County
    Galveston
    State
    Texas
    Longitude
    -95.2029
    Latitude
    29.4979
    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
    $1,684
    $55,070
    $187,030
    $242,100
    -
    $55,070
    $187,030
    $242,100

    Comparable in this City

    • Value Estimation by Request
      10,000 SF

      1102 Friendswood Dr

      Medical offices • 10,000 SF
      1102 Friendswood Dr, Friendswood, TX 77546
      View Details
    • Value Estimation by Request
      1,210 SF

      307 Friendswood Dr Ste C

      CONDOMINIUM OFFICES • 1,210 SF
      307 Friendswood Dr Ste C, Friendswood, TX 77546-3950
      View Details
    • Value Estimation
      $320,000
      1,775 SF

      1305 Parkwood Ave Ste A107

      CONDOMINIUM OFFICES • 1,775 SF
      1305 Parkwood Ave Ste A107, Friendswood, TX 77546-5700
      View Details
    • Value Estimation by Request
      19,445 SF

      Fm 528 Rd

      Restaurants • 19,445 SF
      0 Fm 528 Rd, Friendswood, TX 77546
      View Details
    • Value Estimation
      $355,000
      2,400 SF

      307 Friendswood Dr E E Ste

      CONDOMINIUM OFFICES • 2,400 SF
      307 Friendswood Dr E E Ste, Friendswood, TX 77546-3950
      View Details
    • Value Estimation
      $410,000
      2,516 SF

      1305 Parkwood Ave Ste A103

      CONDOMINIUM OFFICES • 2,516 SF
      1305 Parkwood Ave Ste A103, Friendswood, TX 77546-5700
      View Details

    Similar Nearby for Sale

    • $1,250,000
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      Cleared lot available for sale.
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    Similar Nearby for Lease

    • $19 SF/Yr
      40,925 SF

      Friendswood Retail Space Available

      Medical/Office Suites, High Traffic Location
      607 Friendswood Dr, Friendswood, TX 77546
      View Details
    • Contact for pricing
      2,400 SF

      Friendswood Office Space Available

      Modern Office Suites, 1,000-1,400 sq ft
      306 Friendswood Dr, Friendswood, TX 77546
      View Details
    • $36 SF/Yr
      100,000 SF

      Friendswood Office Space Available

      Prime Office Suites, Galveston County
      505 Friendswood Dr, Friendswood, TX 77546
      View Details
    • $19 SF/Yr
      855 SF

      Combined Office Suite For Rent

      Combined office suite with flexible layout options available for rent.
      3526 Fm 528 Rd, Friendswood, TX 77546
      View Details
    • $30 SF/Yr
      1,200 SF

      Friendswood Office Suites Available

      Prime Office Space, Multiple Sizes
      820 Friendswood Dr, Friendswood, TX 77546
      View Details
    • Contact for pricing
      60,000 SF

      Barras Business Park Offices for Lease

      Friendswood, TX Office Space Available
      1305 Parkwood Ave, Friendswood, TX 77546
      View Details
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    Friendswood, TX 77546-5700
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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
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