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Property profile & analytics
OFF-MARKET
Commercial real estate

801 Parkwood Ave Friendswood, TX 77546

6.4 ac lot
Property ID
US82-2845947
Property summary
AI-generated overview

This exceptional 6.395-acre commercial land parcel presents a rare development opportunity in Friendswood, Texas. Situated at 801 W Parkwood Ave, the property boasts approximately 518 feet of frontage along W Parkwood Ave, offering excellent visibility and accessibility. Its strategic location on the southeast side of W Parkwood Ave and S Friendswood Dr places it in close proximity to established retailers, including HEB, ensuring high traffic and consumer visibility. The property is zoned for Community Shopping Center ("CSC") use, making it ideal for a variety of retail developments. This densely populated, high-income submarket offers limited development opportunities, making this a truly unique investment. Utilities are readily available through the City of Friendswood. While development will require detention, the significant advantages of this location outweigh this consideration. The substantial lot size and prime location make this an exceptional opportunity for investors seeking to capitalize on the thriving Friendswood market. Detailed site plans and further information are available upon request. This property is ready for your vision.

Property profile
Verified
Property type Commercial real estate
Lot 6.4 ac (278,566 SF)
UPID US82-2845947
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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