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Financial
Distress signals
Property profile

1720 South Friendswood Dr Friendswood, TX 77546

FOR SALE
Other commercial real estate
Property ID
US82-7348043
9,234 SF 1.14 ac lot Built 2021
Last sale Aug 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Friendswood Center is a retail investment property in Friendswood, Texas, constructed in 2021. The three-tenant, net-leased building contains approximately 10,100 square feet of space and sits on a 1.14-acre parcel. Parking is provided with 51 spaces, equating to about 5.04 spaces per 1,000 square feet. The property is positioned along a high-traffic corridor on Parkwood Drive and Friendswood Drive, with reported traffic volumes of approximately 29,000 cars per day on Parkwood Drive and 17,000…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2018

What does the county charge?
$1
Tax billed · 2018
Assessed value · 2023$4.29M
Assessed land$2.28M
Assessed improvement$2.01M
Effective rate0.00%

Value estimate

· Oct 2026
$1.34M
$1.20M – $1.47M
CAP approach$1.41M
Submarket $/SF estimate$1.27M
NOI build-up
Gross scheduled income$206k
Vacancy & credit loss−$12k
Operating expenses−$58k
NOI · 2.47% cap applied$136k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2.47%
$136k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGALVESTON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply26.4
Wholesale Shop25.6
Realty agency25.5

Location

1720 South Friendswood Dr Friendswood, TX 77546
County assessor Recorded deeds · 3 transfers 8 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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