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Property profile & analytics
OFF-MARKET
Commercial real estate

8 Oaktree St Friendswood, TX 77546

Individually Owned 1-yr Hold
Property ID
US82-3687723
Property summary
AI-generated overview

This exceptional 16,193 square foot commercial, industrial, and residential lot is situated in the rapidly expanding city of Friendswood, Texas, at 8 Oaktree Street, zip code 77546. Located in Galveston County, this cleared lot presents a remarkable opportunity for developers and investors seeking a prime location for various projects. Its substantial size allows for considerable flexibility in development, accommodating a range of possibilities from single-family homes to larger-scale commercial or industrial ventures. The property's strategic location offers convenient access to major roadways, including The Gulf Freeway and Highway 288, ensuring seamless connectivity to a wealth of amenities, including restaurants, shopping centers, and entertainment venues. The surrounding area boasts a mix of established businesses and services, including animal clinics, dental offices, family practices, a tax office, and an environmental laboratory, creating a vibrant and convenient neighborhood. The quiet and unassuming nature of the location adds to its appeal, offering a balance between accessibility and tranquility. Priced at $400,000, this property represents a compelling investment opportunity in a thriving Texas community. The lot's versatility and prime location make it an attractive proposition for those seeking to capitalize on the growth potential of Friendswood.

Property profile
Verified
Property type Commercial real estate
UPID US82-3687723
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Neelaben Gandhi · 1 yrs held
Neelaben Gandhi
since 2024
2 recorded transactions
2024
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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