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

    7845 Luke Ct Bryan, TX 77808

    View on Map
    Sponsored
    For Sale
    $130,000

    LAND - Bryan, TX

    Lot size:
    1.00 Acre
    Days on Market:
    7
    Last Refresh:
    Mar 5 at 6:06 am

    Property Features for 7845 Luke Ct

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    103
    APN
    7845 Luke 103
    Lot size
    1.00 Acre

    We can help!

    Listing Contact
    Ashlyn Muth
    Ashlyn Muth

    Century 21 Beal (979) 764-2100

    Listing agent Ashlyn Muth (979) 436-3798

    Listing date Feb 27, 2026

    MLS# 26002525

    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

    Acreage in Reliance Ridge

    This one-acre lot is located in Reliance Ridge, offering an opportunity to build a custom home. Situated at the end of a cul-de-sac, it is the last available lot in the neighborhood where owners can select their own builder. The property is ready for development and offers a fiber optic internet connection and Wickson Creek water. Located close to town, the property is not subject to city taxes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Gym & Fitness Center Building Supply Accounting Firm Hotel & Motel Big Box & Wholesale Store Bar & Pub Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bryan
    County
    Brazos
    State
    Texas
    Longitude
    -96.279215
    Latitude
    30.729692

    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
    • $875,000
      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
    • $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
      3,636 SF

      Bryan, TX Office End Cap

      Office suite with five offices and two private entrances.
      2601 S Texas Ave, 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
    • $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
    • Contact for pricing
      4,945 SF

      Bryan, TX Commercial Office Space

      Centrally located office space in Bryan/College Station, Texas.
      3501 S Texas Ave, Bryan, TX 77802
      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
    • Contact for pricing
      924 SF

      Move-in Ready Commercial Space

      High-visibility commercial space near Downtown Bryan, move-in ready.
      405 W Wm J Bryan Pkwy, Bryan, TX 77803
      View Details
    • Contact for pricing
      1,100 SF

      New Retail/Office Suite Downtown

      Move-in ready commercial space in a mixed-use development.
      608 N Bryan Ave, Bryan, TX 77803
      View Details
    • Contact for pricing
      6,000 SF

      Bryan Commercial Property For Sale

      6000 SF office/shop on 4 acres near TAMU.
      1720 N Harvey Mitchell Pkwy, Bryan, TX 77803
      View Details
    • Contact for pricing
      400 SF

      Downtown Bryan Office Ready

      400 SF office space in Downtown Bryan available for lease.
      307 South Main St, Bryan, TX 77803
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - A one-acre lot in Bryan, TX, ready for building.
    Where is this residential land & home lot located?
    The property is located at 7845 Luke Ct Bryan, TX.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - Rare acreage lot in Reliance Ridge; - Bring your own builder to create your dream home; - Last lot in the neighborhood available to build on
    (979) 436-3798
    Request Owner's contact information
    7845 Luke Ct Bryan, TX 77808
    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.
    7845 Luke Ct
    Bryan, TX 77808
    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
    7845 Luke Ct Bryan, TX 77808
    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
    Ashlyn Muth
    Ashlyn Muth
    (979) 436-3798 (979) 764-2100
    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!