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

    5650 Riverside HWY 47 Parkway Bryan, TX 77807

    View on Map
    For Sale
    $7,400,000

    COMMERCIAL - Bryan, TX

    Lot size:
    18.93 Acres
    Added:
    Aug 26, 2022
    Days on Market:
    1315
    Last Refresh:
    Apr 1 at 10:06 pm

    Property Features for 5650 Riverside HWY 47 Parkway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    119
    Fencing
    Barbed Wire
    Standard status
    Active
    APN
    5650 Riverside (HWY 47) 119
    Lot size
    18.93 Acres

    Taxes and HOA fees

    TaxYear
    2022

    We can help!

    Listing Contact
    Jen Zweiacker

    Listing agent Jen Zweiacker License #0554730

    Listing office Zweiacker & Associates 2807 S Texas Avenue, Ste 200, Bryan, TX

    Listing date Aug 26, 2022

    MLS# 22011514

    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.

    Overview

    Bryan Opportunity Zone Land Parcel

    This 18.929-acre commercial land parcel is located in a Bryan Opportunity Zone, central to the upcoming Riverside Innovation Corridor project. The site is near Texas A&M University (TAMU), the TAMU Health Science Center, Easterwood Airport, the TAMU Rellis Campus, and the Brazos County Expo Center. Situated on the corner of Highway TX-47 (Riverside Parkway) and Leonard Road, the property has no pipelines or easements, and no significant elevation changes. Wellborn Water is available on site. A City of Bryan 3-phase transmission line is located across from Emily Drive at the west boundary line, and single-phase electricity is available along Leonard Road. The property features approximately 810 feet of frontage on Hwy 47 (Riverside Parkway), approximately 1300 feet of frontage on Leonard Road, and approximately 700 feet of frontage on Emily Drive. The City of Bryan has planned sewer line upgrades and extensions for 2023-2025. This area is targeted for growth in the next 2-5 years.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Bryan
    County
    Brazos
    State
    Texas
    Longitude
    -96.419
    Latitude
    30.6305

    Nearby Similar for Sale

    • $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 Avenue, 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 Avenue, 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 Drive, Bryan, TX 77808
      View Details
    • $474,500
      2,644 SF

      High-Visibility Corner Lot in Bryan

      Prime commercial lot in Bryan's heart, across from Courthouse.
      209 S Texas Avenue, Bryan, TX 77803
      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 Court, Bryan, TX 77807
      View Details
    • $493,000
      5,568 SF

      Multifamily Investment Opportunity in Bryan, TX

      Multifamily package near Historic Downtown Bryan with income potential.
      1012 & 1014 E 23rd Street, Bryan, TX 77803
      View Details
    • $599,900

      Bryan, TX Commercial Land Opportunity

      Cleared commercial land for development in Bryan's Midtown Corridor.
      3213/3209 S College Avenue, Bryan, TX 77801
      View Details
    • $170,000
      1,176 SF

      Bryan, TX Commercial Opportunity

      Commercially zoned property near downtown Bryan with live/work potential.
      1413 Sandy Point Road, Bryan, TX 77803
      View Details
    • $799,000
      4,400 SF

      Bryan, TX Multifamily Investment

      Fully leased four-plex package near Legends Event Center and HEB.
      105-107 Davis, Bryan, TX 77801
      View Details
    • $450,000
      58,650 SF

      Remodeled Church with Parsonage

      Remodeled church with commercial kitchen and leased parsonage.
      505 Boulevard Street, Bryan, TX 77803
      View Details
    • $539,000
      8,024 SF

      Versatile Commercial Building in Bryan, TX

      Adaptable commercial building with customizable space in a convenient location.
      405 Mitchell Street, Bryan, TX 77801
      View Details
    • $345,000

      Rare Homesite in The Traditions

      Over half-acre homesite in established luxury community.
      3623 Palo Verde Circle, Bryan, TX 77807
      View Details

    FAQs

    What type of property is this?
    Commercial land - 18.929 acre commercial land parcel in Bryan, Texas.
    Where is this commercial land located?
    The property is located at 5650 Riverside HWY 47 Parkway Bryan, TX.
    What is the asking price?
    The asking price for this property is $7,400,000.
    What are key features of this property?
    This property features: Located in a Bryan Opportunity Zone, targeted for massive growth in the next 2‑5 years – a prime investment!; Excellent frontage: over 810 feet on Hwy 47 (Riverside Parkway) and over 1300 feet on Leonard Road.; Close to TAMU, TAMU Health Science Center, Easterwood Airport, TAMU Rellis Campus, and the Brazos County Expo Center.
    (979) 450-0455
    We can help!
    Listing Contact
    Jen Zweiacker
    Real Estate License ID: 0554730
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!