Modern Office
For Sale
$2,500,000
1103 Rock Prairie Road 2001, College Station, TX 77845
Office property with contemporary finishes, on-site parking, and proximity to medical, retail, dining, and hospital uses.
Property Size6,000 SF
Days on Market93
Property Features for 1103 Rock Prairie Road 2001
General Information
Standard status
Active
Size
6,000 SF
Site & Location
Neighborhood
Edelweiss Estates
Building Details
Building Size
6,000 SF
Year Built
2016
Buildings
1
Listing Agency:
SRA Strategic Realty Advisors, LLC
Listed By:
Robert Young · License #0517625
(979) 324-1717
Source:
Evrealestate
Added: Jul 24
Changed: Oct 23
Last Checked: Oct 23 at 8:14AM
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 SRA Strategic Realty Advisors, LLC
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Investment Insights
Based on property information with market context.
This 6,000-square-foot office building was completed in 2016 and features a modern design with contemporary interior finishes. The property includes on-site parking and is configured as an office asset within College Station’s Medical District.
Located at 1103 Rock Prairie Rd Unit 2001, the building benefits from access to surrounding medical offices, retail businesses, restaurants, and hospitals. Its setting places multiple complementary commercial and healthcare uses in the immediate area, supporting a practical environment for office operations.
Located at 1103 Rock Prairie Rd Unit 2001, the building benefits from access to surrounding medical offices, retail businesses, restaurants, and hospitals. Its setting places multiple complementary commercial and healthcare uses in the immediate area, supporting a practical environment for office operations.
Key Highlights
- 6,000‑square‑foot office building completed in 2016
- Located in College Station’s Medical District
- Contemporary design and modern interior finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,908
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,578,160
$1.6M
Cap Rate 7%
$1,127,257
$1.1M
Cap Rate 9%
$876,756
$876.8K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$126.0K $21.00/SF
− Vacancy
−$20.8K −$3.47/SF
EGI
$105.2K $17.54/SF
− OpEx
−$26.3K −$4.38/SF
NOI
$78.9K $13.15/SF
Area
College Station, TX
Vacancy
16.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,578,160
Cap Rate 7%
$1,127,257
Cap Rate 9%
$876,756
Alternative Uses
Best Use
Office B
$1.13M
$986.4K – $1.32M
NOI $78,908 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,421 @ 7.0% cap · market cap 4.14%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
Explore this area
Business Placement
Demographics for 77845, TX
70,108
Population
31,464
Households
2.2
Avg Household Size
30
Median Age
61%
College-Educated
96%
High-School Grad
142.5 sq mi
ZIP Area
492
Density / Sq Mi
$90,434
Median Household Income
$46,532
Median Earnings
$1,384
Median Rent
$349,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Office property with contemporary finishes, on-site parking, and proximity to medical, retail, dining, and hospital uses.
Where is this office building located?
The property is located at 1103 Rock Prairie Road 2001 College Station, TX.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 6,000‑square‑foot office building completed in 2016; Located in College Station’s Medical District; Contemporary design and modern interior finishes
