Freestanding Storefront
For Sale
Contact for pricing
118 Walton Dr, College Station, TX 77840
A compact commercial building sits within a retail and restaurant corridor near Texas A&M University.
Property Size1,224 SF
Price / SF$0.02
Days on Market8
Property Features for 118 Walton Dr
General Information
Standard status
Active
Size
1,224 SF
Site & Location
Neighborhood
College Hills Estates
Building Details
Buildings
1
Listing Agency:
Riverstone Companies, LLC
(979) 431-4400
Listed By:
Angela Lasell · License #TX 687879
(979) 694-2467
Source:
Exprealty
Added: Oct 28
Changed: Nov 1
Last Checked: Nov 4 at 2:04PM
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 Riverstone Companies, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding storefront property contains approximately 1,224 square feet of commercial space. Its setting is a retail and restaurant corridor, and the remarks identify personal services, specialty retail, boutique shops, and professional office as potential uses.
The property is on Walton Drive, which runs parallel to Texas Avenue, across from Texas A&M University in College Station’s Eastgate district. The location is described as pedestrian- and bicycle-friendly, with access to university-area dining and retail destinations.
The property is on Walton Drive, which runs parallel to Texas Avenue, across from Texas A&M University in College Station’s Eastgate district. The location is described as pedestrian- and bicycle-friendly, with access to university-area dining and retail destinations.
Key Highlights
- Freestanding commercial storefront with approximately 1,224 square feet
- On Walton Drive, parallel to Texas Avenue
- Across from Texas A&M University in College Station’s Eastgate district
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,243
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,860
$264.9K
Cap Rate 7%
$189,186
$189.2K
Cap Rate 9%
$147,144
$147.1K
Market Conditions
NOI Build-Up for 1,224 SF
Gross rent
$20.6K $16.80/SF
− Vacancy
−$1.6K −$1.34/SF
EGI
$18.9K $15.46/SF
− OpEx
−$5.7K −$4.64/SF
NOI
$13.2K $10.82/SF
Area
College Station, TX
Vacancy
8.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,860
Cap Rate 7%
$189,186
Cap Rate 9%
$147,144
Alternative Uses
Best Use
Retail
$189.2K
$165.5K – $220.7K
NOI $13,243 @ 7.0% cap · market cap 45,665.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$301.4K
$263.7K – $351.6K
NOI $21,098 @ 7.0% cap · market cap 72,751.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,155
Businesses Nearby
317k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 27%
Electronics 13%
Office Supplies 5%
Raising Cane's Chicken Fingers
Dining
45,843 visits/mo
0.2 miles
Best Buy
Electronics
39,905 visits/mo
0.1 miles
Five Below
Shops & Services
29,037 visits/mo
0.2 miles
Barnes & Noble
Shops & Services
27,549 visits/mo
0.2 miles
Torchy's Tacos
Dining
20,806 visits/mo
0.1 miles
Demographics for 77840, TX
55,180
Population
25,423
Households
2.2
Avg Household Size
25
Median Age
46%
College-Educated
91%
High-School Grad
10.0 sq mi
ZIP Area
5,518
Density / Sq Mi
$31,278
Median Household Income
$14,521
Median Earnings
$1,085
Median Rent
$241,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Fleurette Design Co. — College Station, TX 77840
- My Little Bee Flowers and More — College Station, TX 77840
Frequently Asked Questions
What type of property is this?
Storefront property - A compact commercial building sits within a retail and restaurant corridor near Texas A&M University.
Where is this storefront property located?
The property is located at 118 Walton Dr College Station, TX.
What are key features of this property?
This property features: Freestanding commercial storefront with approximately 1,224 square feet; On Walton Drive, parallel to Texas Avenue; Across from Texas A&M University in College Station’s Eastgate district
