Property summary
This 6,038 square foot, two-story office building in Friendswood, TX, is available for sale. Built in 2008 and extensively renovated in 2021, the property features 20 exam/office rooms, three additional office/storage spaces, a large reception area, waiting room, break room, and four restrooms. Located at 308 W Parkwood Ave, this vacant building sits on a 6,400 square foot lot and benefits from a convenient location near major intersections and easy access to I-45 (within 15 minutes). The property is zoned CSC and offers ample shared parking (over 50 spaces). Friendswood boasts a strong economy, excellent schools, and a vibrant community with a median household income of $115,466. Nearby amenities include numerous restaurants and major employers such as H-E-B, Kroger, and Clear Creek ISD. The asking price is $995,000 ($182.18/SF). A new mixed-use development is planned nearby, promising further growth and opportunity. This is an ideal owner-user or investment opportunity. The property is move-in ready.
Property profile
VerifiedCap rate & NOI
Current use
-
Bank Credit Union
-
Construction Company General Contractor
-
Loan Service Bank
-
Physician
-
Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2018Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.