18174 Gulf FwyFriendswood, TX 77546

  • Retail space
  • 18,619 SF
For Lease
$26/SF/YR View listing

Property Details for 18174 Gulf Fwy

Year built
2002
Construction
STEEL FRAME
Lot size
1.59 AC
Property size (Sq ft)
18,619 SF
Property type
Retail space
APN
1214940010006
APU
1214940010006

Description

This exceptional retail property, located at 18174 Gulf Fwy, Friendswood, TX 77546, offers 9,500 square feet of immediately available space in a single-story, 16,500 square foot building. Built in 2002 and extensively renovated in 2024, the property boasts a prime location with excellent visibility and accessibility. The building sits on a 1.59-acre lot and features ample parking with 84 spaces. The space is zoned for retail use and is suitable for various businesses, including medical, retail, and restaurant establishments. The minimum divisible space is 9,500 square feet, with a maximum contiguous space also of 9,500 square feet. The property benefits from a strong shadow anchor presence, including Kohl's, Ollie's, and Walmart, ensuring high foot traffic and visibility. The property features 480-volt 3-phase power, making it suitable for businesses with significant power requirements. The cross street is El Dorado Blvd, providing convenient access and additional exposure. This is a rare opportunity to secure a well-maintained, high-visibility retail space in a thriving Friendswood location. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,605,407
    6.5%
    $5,174,222
    7%
    $4,804,634
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,935,194
    Geo Method
    $14,047,343
  • Alternative Use

    Use
    Valuation
    Residential
    $4,364,650
    Hospitality
    $3,997,996
    Educational
    $3,326,286
    Medical
    $3,440,682
    Retail
    $5,174,222

Location Insight

City
Friendswood
County
Harris
State
Texas
Latitude
29.5553
Longitude
-95.1569
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
2022
$39,718
$2,079,780
$2,546,786
$4,626,566
-
$2,079,780
$2,546,786
$4,626,566

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].