Property profile

18174 Gulf Fwy Friendswood, TX 77546

OFF-MARKET
Retail space
Property ID
US82-4023518
18,619 SF 1.59 ac lot Built 2002
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property, located at 18174 Gulf Fwy, Friendswood, TX 77546, offers 9,500 square feet of immediately available space in a single-story, 16,500 square foot building. Built in 2002 and extensively renovated in 2024, the property boasts a prime location with excellent visibility and accessibility. The building sits on a 1.59-acre lot and features ample parking with 84 spaces. The space is zoned for retail use and is suitable for various businesses, including medical, retail, and restaurant establishments. The minimum divisible space is 9,500 square feet, with a maximum contiguous space also of 9,500 square feet. The property benefits from a strong shadow anchor presence, including Kohl's, Ollie's, and Walmart, ensuring high foot traffic and visibility. The property features 480-volt 3-phase power, making it suitable for businesses with significant power requirements. The cross street is El Dorado Blvd, providing convenient access and additional exposure. This is a rare opportunity to secure a well-maintained, high-visibility retail space in a thriving Friendswood location. The property is ready for immediate occupancy.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2002
Construction STEEL FRAME
Total area 18,619 SF
Lot 1.59 ac (69,326 SF)
APN 1214940010006
UPID US82-4023518

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office

Location

18174 Gulf Fwy Friendswood, TX 77546-2722
Friendswood metro Census 350601 HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
$705k
Blend (final) Blend
$510k

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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