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Friendswood Business Park 107 Woodlawn Dr 14,300 SF 4-Star Office Building Friendswood, TX 77546 For Sale

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INVESTMENT HIGHLIGHTS

  • Appealing Modern Construction
  • Hard Corner Lot
  • High Income Area

EXECUTIVE SUMMARY

Great Invest Property for Owner-User, or Investor. The building is strategically located on a "hard corner" lot, offering dual road frontage and visibility from multiple directions to passing traffic. This premier location in a high-income area ensures maximum brand exposure and easy client access. The interior boasts high ceilings, which create an open, airy atmosphere and can accommodate various configurations, from open-plan retail displays to office setups or medical space. Ample on-site parking is a key feature, ensuring convenience for both staff and customers and setting it apart from older, more congested downtown locations. The property is easily accessible via major roadways and has 2 clear entry/exit points. As a newer build in a desirable location, it is equipped with modern amenities efficient HVAC systems, and high-quality finishes throughout.
Friendswood, TX, has a population of around 41,000, a median age near 40 (slightly older than surrounding areas), high education levels (many bachelor's degrees), and high median household incomes, reflecting a prosperous suburban community with strong homeownership and excellent schools.

FINANCIAL SUMMARY (PRO FORMA - 2026)

ANNUAL ANNUAL PER SF
Gross Rental Income $336,000 $23.50
Other Income $94,920 $6.64
Vacancy Loss $5 $0.00
Effective Gross Income $430,915 $30.13
Taxes $52,151 $3.65
Operating Expenses $28,000 $1.96
Total Expenses $80,151 $5.60
Net Operating Income $350,764 $24.53

FINANCIAL SUMMARY (PRO FORMA - 2026)

Gross Rental Income
Annual $336,000
Annual Per SF $23.50
Other Income
Annual $94,920
Annual Per SF $6.64
Vacancy Loss
Annual $5
Annual Per SF $0.00
Effective Gross Income
Annual $430,915
Annual Per SF $30.13
Taxes
Annual $52,151
Annual Per SF $3.65
Operating Expenses
Annual $28,000
Annual Per SF $1.96
Total Expenses
Annual $80,151
Annual Per SF $5.60
Net Operating Income
Annual $350,764
Annual Per SF $24.53

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
14,300 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2016
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
14,300 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2139-0000-0002-000
Land Assessment
$880,350 (2025)
Improvements Assessment
$1,744,650 (2025)
Total Assessment
$2,625,000 (2025)
Annual Taxes
$52,151 ($3.65/SF)
Tax Year
2026
  • Listing ID: 38466527

  • Date on Market: 11/16/2025

  • Last Updated:

  • Address: 107 Woodlawn Dr, Friendswood, TX 77546

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