Golf Driving Range Business w/ Ready to develop Land
Established Golf Driving Range Business & Prime Commercial Development Site
Marketing description
Property Highlights
- Approximately 16.85 Acres
- Established, Income-Producing Golf Driving Range Business Included
- Approximately 880 Feet of Frontage on FM 528 (West Parkwood Avenue)
- Cleared Commercial Property
- Asking Price: $7,000,000
- Will Divide
Exceptional Growth Location
Strategically positioned on FM 528 (West Parkwood Avenue), one of the busiest corridors in Southeast Texas, this property is surrounded by substantial residential growth:
- Approximately 800 new homes under development within one mile, with home prices starting around $400,000.
- More than 1,000 additional homes planned or under construction within a two-mile radius.
- Located within the highly regarded Friendswood Independent School District, one of the highest-performing and most affluent school districts in Texas.
- The Grand Parkway (SH 99) expansion will be located within approximately two miles, further enhancing accessibility and increasing future commercial demand.
Whether you're an investor seeking immediate income, an owner-operator looking to acquire an established business, or a developer searching for a premier commercial site, this property offers a rare opportunity to benefit from both current revenue and exceptional future development potential.
Investment highlights
Acquire a successful, income-producing golf driving range business together with approximately 16.85 acres of prime commercial real estate in one of the fastest-growing areas of Southeast Texas. The sale includes both the operating business and the underlying property, providing immediate cash flow with significant long-term upside.
Buyers have the flexibility to continue operating the established driving range, expand the existing business, or redevelop the property to capitalize on the area's rapid residential and commercial growth.
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