3508 Fm 528 RdFriendswood, TX 77546

Property Details for 3508 Fm 528 Rd

Year built

1981

Construction

METAL FRAME

Lot size

0.59 AC

Property size (Sq ft)

5,180 SF

Property type

Retail space

APN

1043970000022

APU

1043970000022

Description

This exceptional 9,700-square-foot retail space is ideally situated at 3508 E FM 528 in Friendswood, Texas, within Harris County. The property offers a single-tenant occupancy, providing ample space for a variety of retail businesses. With a total of 33 parking spaces, customer convenience is ensured. The entire building is currently vacant, presenting a unique opportunity for a business to establish a strong presence in a thriving community. The property's location on E FM 528 offers excellent visibility and accessibility, attracting significant foot traffic and ensuring high brand recognition. This prime retail location in Friendswood, Texas, zip code 77546, provides easy access to major roadways and a strong customer base. The building's size and ample parking make it suitable for a wide range of retail concepts. The property is ready for immediate occupancy, allowing for a swift and efficient start to operations. This is a rare opportunity to secure a substantial retail space in a desirable location with high visibility and ample parking. The property's single-tenant configuration offers flexibility and control, allowing the tenant to customize the space to meet their specific needs. This presents a significant advantage for businesses seeking a prominent and easily manageable retail location. The property's location in Harris County, Texas, offers access to a large and diverse consumer market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,559,483

  6.5%

  $1,439,522

  7%

  $1,336,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,929,443

  Geo Method

  $3,908,117

• Alternative Use

  Use

  Valuation

  Residential

  $1,214,291

  Hospitality

  $1,112,284

  Educational

  $925,407

  Medical

  $957,234

  Retail

  $1,439,522

Location Insight

City

Friendswood

County

Harris

State

Texas

Latitude

29.5221

Longitude

-95.1675

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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