801 Parkwood Ave Friendswood, TX 77546
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.
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
No recorded transactions found for this property.
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.