1305 Parkwood AveFriendswood, TX 77546

Property Details for 1305 Parkwood Ave

Year built

2008

Lot size

0.19 AC

Property size (Sq ft)

2,500 SF

Property type

Office properties

APN

1629-0000-0101-000

APU

162900000101000

Description

Barras Business Park, located at 1305 W Parkwood Ave in Friendswood, Texas (zip code 77546), offers a diverse range of office spaces ideal for various business needs. This Class B office park boasts a total of 60,000 square feet and currently has multiple spaces available, ranging from 1,200 square feet to 14,000 square feet. The property is categorized as a Medical Office, Traditional Office, and Creative Office building, providing flexibility for a variety of tenants. Situated in Galveston County, this location benefits from high visibility due to existing stable tenants, ensuring significant foot traffic and exposure for your business. The address is easily accessible within Friendswood, offering convenient access for employees and clients alike. The multiple tenancy structure provides a dynamic and collaborative environment. Interested parties should inquire for details on available spaces and lease terms. This prime location in a thriving community presents a unique opportunity for businesses seeking high-quality office space in a well-established business park. The property's diverse space options cater to businesses of all sizes, from small startups to larger established companies. The convenient location and high visibility make this an exceptional opportunity for businesses seeking to establish or expand their presence in the Friendswood area.

• CAP approach

  CAP return

  Valuation

  6%

  $512,004

  6.5%

  $472,619

  7%

  $438,861

• Comparable approach

  Method

  Valuation

  Relative Method

  $369,523

  Geo Method

  $748,475

• Alternative Use

  Use

  Valuation

  Residential

  $586,048

  Hospitality

  $536,817

  Educational

  $446,625

  Medical

  $461,985

  Retail

  $694,750

Location Insight

City

Friendswood

County

Galveston

State

Texas

Latitude

29.4981

Longitude

-95.2027

CBSA code

26420

CBSA name

HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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