Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Historic Building in Downtown Navasota Title is generated by Realmo AI

    108 W Washington, Navasota, TX 77868

    View on Map
    Claim this Listing
    For Sale
    $1,200,000

    COMMERCIAL - Navasota, TX

    Type:Retail
    Property size:
    6,274 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $191/SF
    Added:
    May 10, 2024
    Days on Market:
    736
    Last Refresh:
    May 15 at 2:06 am

    Property Features for 108 W Washington

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    Grimes
    Standard status
    Active
    APN
    108 Washington 402
    Size
    6,274 SF
    Lot size
    0.14 Acres

    Building Details

    Flooring type
    Concrete
    Roof type
    Tar/Gravel, Flat

    We can help!

    Listing Contact
    Melissa Moore

    Listing agent Melissa Moore

    Listing office Moore Realty 200 Moore St., Navasota, TX

    Listing date May 10, 2024

    MLS# 24009435

    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.

    HighLights

    • 6,274 sf building in central downtown Navasota with poured concrete construction.
    • Features a 1,400 sf loft apartment with 3 bedrooms, 1 bathroom, laundry room, and kitchenette.
    • 2,000 sf metal building with cargo loading dock in the backyard.
    • Located on Washington Avenue in the Railroad District, ideal for business advertising.
    • Magical courtyard with flowers, trees, and lanterns.
    • Close proximity to Highway 6, Navasota Municipal Airport (jets allowed), and Pecan Lakes Golf Course.

    Overview

    This 6,274 square foot building is located in central downtown Navasota, Texas, offering proximity to Bryan/College Station and Houston, with access to Highway 6. The property is approximately 2 miles from Navasota Municipal Airport and Pecan Lakes Golf Course. The building features poured concrete walls, floors, stairwells, and ceilings. A 1,400 square foot loft on the second floor includes 3 bedrooms, 1 bathroom, a laundry room, and a kitchenette. The property is located on Washington Avenue, in the Railroad District. The front of the building is suitable for advertising. The property includes a courtyard with flowers, trees, and lanterns. A 2,000 square foot metal building is located in the backyard, along with a cargo loading dock. The property is zoned for Grimes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Furniture & Home Goods

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

    Similar Places Nearby

    • La Petite Poesie — 202 N Judson St, Navasota, TX 77868

    Location Insight

    • Map
    • Local Demand
    City
    Navasota
    County
    Grimes
    State
    Texas
    Longitude
    -96.0045
    Latitude
    30.367

    Nearby Similar for Sale

    • $1,389,000
      13,000 SF

      Productive Hay Farm Near Navasota

      77.27-acre coastal hay farm with storage building near Navasota.
      15175 FM1227, Navasota, TX 77868
      View Details
    • $465,000

      Navasota Home with Business Potential

      Four-bedroom home on 4 acres, ideal for family and business.
      11515 Eldridge Ln, Navasota, TX 77868
      View Details
    • $1,600,000
      8,169 SF

      Navasota Retail Building on Highway

      Freestanding retail building with high visibility and traffic count.
      9230 N Highway 6 Loop, Navasota, TX
      View Details
    • $875,000

      Unrestricted Fenced 15-Acre Property

      Secluded 15-acre property with main house, guest house, and barn.
      5657 County Road 405, Navasota, TX 77868
      View Details
    • $675,000

      Historic Downtown Navasota Building

      Located in the heart of historic downtown Navasota.
      206 E Washington Avenue, Navasota, TX 77868
      View Details
    • $800,000

      Navasota Redevelopment Opportunity

      Corner lot ideal for redevelopment in Navasota's commercial district.
      701 W Washington Ave, Navasota, TX
      View Details
    • $795,000
      2,383 SF

      Navasota Office Unit For Sale

      Office unit with 2383 square feet available for purchase.
      1668 County Road 324, Navasota, TX 77868
      View Details
    • Contact for pricing

      New Taco Bell For Sale

      New 25-year NNN leased Taco Bell investment property.
      9101 Hwy 6, Navasota, TX 77868
      View Details
    • $75,000
      1,209 SF

      Commercial Property in Booming Navasota

      Commercial property with high visibility and renovation potential in Navasota.
      1101 W Washington, Navasota, TX 77868-2851
      View Details
    • Contact for pricing
      21,500 SF

      Navasota Office Building For Sale

      21,500 SF office building near Downtown Navasota, TX.
      401 East Washington Avenue, Navasota, TX 77868
      View Details
    • $750,000

      7.5 Acre Mixed-Use Property

      7.5 acres suitable for retail, industrial, farm, or ranch.
      9310 S 6, Navasota, TX
      View Details
    • $675,000
      1,800 SF

      Updated Farmhouse on Unrestricted Acreage

      Updated farmhouse with workshop on 13.2 unrestricted acres.
      6623 County Road 302, Navasota, TX 77868
      View Details

    FAQs

    What type of property is this?
    Storefront property - 6,274 SF building with loft, courtyard, and metal building.
    Where is this storefront property located?
    The property is located at 108 W Washington Navasota, TX.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 6,274 sf building in central downtown Navasota with poured concrete construction.; Features a 1,400 sf loft apartment with 3 bedrooms, 1 bathroom, laundry room, and kitchenette.; 2,000 sf metal building with cargo loading dock in the backyard.
    (979) 575-5093
    We can help!
    Listing Contact
    Melissa Moore
    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

    Thank You for Inquiry
    108 W Washington, Navasota, TX 77868-2920
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!