This exceptional investment opportunity presents four vacant Class A industrial/retail condos in Friendswood, Texas. Located at 4552 FM 2351, this 2023-built property offers a total of 3,249 to 13,020 square feet of versatile space across two buildings, each two stories high. The units are perfect for distribution, flex, or warehouse uses, with high ceilings and customizable layouts to suit diverse business needs. Zoned for retail or industrial use, this property provides ample opportunity for owner-users or investors seeking strong rental potential. Situated in a thriving economic hub with easy access to major highways and transportation routes, this location ensures efficient logistics and distribution. The strong tenant demand in Friendswood's vibrant industrial market promises stable, long-term occupancy and reliable income streams. The property's adaptable spaces allow for value-add opportunities through renovations or tenant improvements, further enhancing its appeal and potential return on investment. This prime location in a rapidly growing area offers significant potential for future appreciation and consistent cash flow, making it an ideal investment for those seeking a stable and profitable asset in the heart of Friendswood's dynamic industrial landscape. The property consists of four units within two buildings, offering flexibility for various business sizes and operational needs.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,898,834
Hospitality
$1,739,322
Educational
$1,447,095
Medical
$1,496,863
Retail
$2,251,037
Location Insight
City
Friendswood
County
Harris
State
Texas
CBSA code
26420
CBSA name
HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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