150 Venture Dr, College Station, TX 77845
22,728 SF office building in College Station Business Park.
- Added:
- Feb 11, 2025
- Days on Market:
- 499
- Last Refresh:
- May 12 at 8:33 pm
Property Features for 150 Venture Dr
General Information
- Standard status
- Active
- Size
- 22,728 SF
- Property subtype
- Office
Building Details
- Year Built
- 2000
Listing office Oldham Goodwin Group Bryan / College Station (972) 387-0300
Listing date Feb 11, 2025
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Oldham Goodwin Group Bryan / College Station
HighLights
- Discounted sale price relative to replacement cost.
- Flexible office layout.
- Located in the heart of College Station's southern growth area.
- Oversized lot in the College Station Business Park.
- Convenient access to State Highway 6.
- Proximity to desirable neighborhoods, schools, dining, and entertainment.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $477.3k | $21.00 |
| − Vacancy | −$78.8k | −$3.47 |
| EGI | $398.5k | $17.54 |
| − OpEx | −$99.6k | −$4.38 |
| NOI | $298.9k | $13.15 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- College Station
- County
- Brazos
- State
- Texas
- Longitude
- -96.2498572
- Latitude
- 30.5556663
