Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2000 Kazmeier Plz Bryan, TX 77802

    View on Map
    Sponsored
    For Sale
    $4,800,000

    MULTI_FAMILY - Bryan, TX

    Property size:
    39,752 SF
    Lot size:
    1.92 Acres
    Days on Market:
    12
    Last Refresh:
    Mar 26 at 11:06 am

    Property Features for 2000 Kazmeier Plz

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B03
    APN
    2000 Kazmeier Plaza B03
    Size
    39,752 SF
    Lot size
    1.92 Acres

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Ceiling Fan(s), Electric, Central Air

    Building Details

    Year built
    1976
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile
    Roof type
    Tar/Gravel, Flat

    We can help!

    Listing Contact
    Maurey Bell
    Maurey Bell

    Bell Properties

    Listing agent Maurey Bell

    Listing date Mar 15, 2026

    MLS# 25011185 Listing URL

    Copyright © 2026 Bryan-College Station Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Multi-Family Property in Bryan, TX

    This multi-family property, known as 48 Place, is located in Bryan, TX. It features 40 two-bedroom, one-bath units and 8 one-bedroom, one-bath units. The property's location provides access to entertainment, shopping, dining, and Texas A&M University. Each unit includes central heating and air conditioning, spacious layouts, and either a balcony or patio. Tile flooring and an on-site laundry facility are available for residents, as well as a community pool. Recent upgrades include ENERGY STAR qualified sliding glass doors and windows, new siding and exterior paint, and new roofs in 2024. Many new AC units have been installed, and half of the units have been renovated. The property has been well-maintained, with updates throughout the years to increase rents. Drainage repairs have been completed. The property, with a lot size of 1.92 acres and a building size of 39752 square feet, is an income-generating property. The property is zoned B03.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    48 Place Apartments Apartment Building

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bryan
    County
    Brazos
    State
    Texas
    Longitude
    -96.333145
    Latitude
    30.650264

    Nearby Similar for Sale

    • $474,500
      2,644 SF

      High-Visibility Corner Lot in Bryan

      Prime commercial lot in Bryan's heart, across from Courthouse.
      209 S Texas Ave, Bryan, TX 77803
      View Details
    • $795,000
      5,250 SF

      Versatile Office/Warehouse Near Texas A&M

      Office/warehouse property near Texas A&M, suitable for various commercial uses.
      3611 S College Ave, Bryan, TX 77801
      View Details
    • $699,900
      5,490 SF

      Texas Avenue Commercial Flex Building

      Versatile commercial building with showroom, kitchen, offices, and warehouse.
      2606 S Texas Ave, Bryan, TX 77802
      View Details
    • $750,000
      3,450 SF

      Bryan TX Industrial Yard

      Improved industrial yard suitable for various operations in Bryan, TX.
      6235 Fourwinds Dr, Bryan, TX 77808
      View Details
    • $599,000
      3,274 SF

      Bryan, TX Commercial Property

      Spacious commercial property in Bryan, TX, ideal for business growth.
      1805 Briar Oaks Dr, Bryan, TX 77802
      View Details
    • Contact for pricing
      6,225 SF

      Downtown Bryan Office/Retail Space

      Renovated office/retail space in historic downtown Bryan building.
      105 N Main St N, Bryan, TX 77803
      View Details
    • $493,000
      5,568 SF

      Multifamily Investment Opportunity in Bryan, TX

      Multifamily package near Historic Downtown Bryan with investment and owner-user potential.
      1012 E 23Rd St, Bryan, TX 77803
      View Details
    • $170,000
      1,176 SF

      Bryan, TX Commercial Opportunity

      Commercially zoned property near downtown Bryan with live/work potential.
      1413 Sandy Point Rd, Bryan, TX 77803
      View Details
    • $539,000

      Adaptable Commercial Building in Bryan

      Versatile commercial building with adaptable space in Bryan, Texas.
      405 Mitchell St, Bryan, TX 77801
      View Details
    • $388,000
      2,740 SF

      Bryan, TX Duplex Investment

      Duplex near Blinn College and TAMU, leased until July 2026.
      1409-1411 Western Oaks Ct, Bryan, TX 77807
      View Details
    • Contact for pricing
      4,500 SF

      Bryan, TX Commercial Opportunity

      Versatile commercial building with high visibility and accessibility.
      10343 E State Highway 21, Bryan, TX 77808
      View Details
    • Contact for pricing
      13,635 SF

      Renovated Office/Retail in Historic Downtown

      Renovated office or retail building in Historic Downtown Bryan.
      311 N Tabor Ave, Bryan, TX 77803
      View Details

    FAQs

    What type of property is this?
    Apartment building - 48-unit multi-family property near Texas A&M University.
    Where is this apartment building located?
    The property is located at 2000 Kazmeier Plz Bryan, TX.
    What is the asking price?
    The asking price for this property is $4,800,000.
    What are key features of this property?
    This property features: - Income-generating property with potential for higher rents.; - Prime Bryan, TX location, near entertainment, shopping, dining, and Texas A&M University.; - Recent upgrades include new roofs (2024), ENERGY STAR windows/doors, new siding and exterior paint, and many new AC units.
    (979) 218-1565
    Request Owner's contact information
    2000 Kazmeier Plz Bryan, TX 77802
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2000 Kazmeier Plz
    Bryan, TX 77802
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2000 Kazmeier Plz Bryan, TX 77802
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Maurey Bell
    Maurey Bell
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!