2907 Parkwood Ave Friendswood, TX 77546
- Commercial real estate
- 3.00 lot acres
Current Use by Public Records
- Xeroic Corp / General Contractor
Property Details for 2907 Parkwood Ave
- Lot size
- 3.00 lot acres
- Property type
- Commercial real estate
Description
This ±3-acre commercial land parcel presents a unique development opportunity in the rapidly growing city of Friendswood, Texas. Strategically located at the southeast corner of FM 528 and Lundy Lane, this site benefits from exceptional visibility and accessibility. Easy access to I-45 and SH 35 is a key advantage, further enhanced by its proximity to the proposed Grand Parkway extension. FM 528 provides convenient access to both I-45 to the east and SH 35 to the southwest, while direct access from Lundy Lane offers additional flexibility. Moore Road provides another route to SH 35 to the west. The site boasts strong demographics, featuring above-average household incomes and is surrounded by rapidly expanding residential development, including several new subdivisions. The property is zoned Commercial by the City of Friendswood and is a plated parcel with drainage and detention systems already in place, meeting local municipality requirements. Texas Department of Transportation (TXDOT) approved access from Lundy Lane is already secured. High traffic counts are evident, with 2021 TXDOT data showing 18,282 vehicles per day (VPD) on FM 528 north of SH 35 and 30,301 VPD south of SH 35. This ready-to-develop site offers significant potential for a variety of commercial uses. The site's location at a signalized intersection ensures high visibility and accessibility for potential businesses. The property's infrastructure is complete, minimizing development delays and costs. This is an exceptional opportunity to capitalize on the robust growth and strong demographics of Friendswood, Texas. The property is located in Galveston County, Texas, with a zip code of 77546.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Friendswood
- County
- Galveston
- State
- Texas
- Longitude
- -95.222162
- Latitude
- 29.470188