8 Oaktree St Friendswood, TX 77546
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.