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Property profile & analytics

205 Edgewood Dr Friendswood, TX 77546-3820

  • Commercial real estate
  • 5,053 SF
  • 3.04 lot acres
OFF-MARKET
Last Sale
Mar 15, 2021
Value Estimations
$595,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-0783721
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

  • Valley Veterinary Care / Veterinary Clinic
  • Flint Hills Resources / Corporate Office
  • galveston county supervised visitation / Government Office

Property Details for 205 Edgewood Dr

Year built
2011
Lot size
3.04 lot acres
Property size
5,053 SF
Property type
Commercial real estate
APN
3037-0000-0001-000
APU
303700000001000

Description

This exceptional 5,053 square foot medical office building is situated on a generous 3.04-acre lot in the desirable Friendswood, Texas area (zip code 77546). Currently zoned for both Office Park District (OPD) and Community Overlay District (COD) uses within Galveston County, this property presents a unique investment opportunity. The building has served as a veterinary clinic, which will be vacating soon, offering a blank canvas for a new medical practice or similar business. The property boasts ample space and features monument signage availability, ensuring high visibility and accessibility. Currently, there is no existing income stream. The building's location in Friendswood offers access to a thriving and affluent community. The asking price for this prime medical office space is $1,500,000. This is a rare chance to acquire a substantial property with significant potential in a highly sought-after location. The property is being sold as-is. Serious inquiries only.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $415,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $835,000
    6.5%
    $770,000
    7%
    $715,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $606,000
    Market price range: $226k - $694k
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $450,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Friendswood
County
Galveston
State
Texas
Longitude
-95.2026
Latitude
29.5354
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
$7,408
$191,850
$816,510
$1,008,360
-
$191,850
$816,510
$1,008,360
More about this property
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