205 Edgewood DrFriendswood, TX 77546

  • Commercial real estate
  • 5,053 SF
For Sale
$1,500,000 View listing

Property Details for 205 Edgewood Dr

Year built
2011
Lot size
3.04 AC
Property size (Sq ft)
5,053 SF
Property type
Commercial real estate
APN
3037-0000-0001-000
APU
303700000001000

Description

This exceptional 5,053 square foot medical office building is situated on a generous 3.04-acre lot in the desirable Friendswood, Texas area (zip code 77546). Currently zoned for both Office Park District (OPD) and Community Overlay District (COD) uses within Galveston County, this property presents a unique investment opportunity. The building has served as a veterinary clinic, which will be vacating soon, offering a blank canvas for a new medical practice or similar business. The property boasts ample space and features monument signage availability, ensuring high visibility and accessibility. Currently, there is no existing income stream. The building's location in Friendswood offers access to a thriving and affluent community. The asking price for this prime medical office space is $1,500,000. This is a rare chance to acquire a substantial property with significant potential in a highly sought-after location. The property is being sold as-is. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,184,520
    Hospitality
    $1,085,014
    Educational
    $902,719
    Medical
    $933,765
    Retail
    $1,404,229

Location Insight

City
Friendswood
County
Galveston
State
Texas
Latitude
29.5354
Longitude
-95.2026
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2018
$7,408
$191,850
$816,510
$1,008,360
-
$191,850
$816,510
$1,008,360

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