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Prime Location Fuel and Retail

20159 Fm 974, Bryan, TX 77808

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For Sale

$1,700,000

Unrestricted land with fuel contract, store plans, and utilities.

Property size:

9,000 SF

Price / SF:

$188/SF

HighLights

Approved 10‑year fuel contract with major brand distributor contributing up to $1 Million for new store construction plus rebate of 3 cents on each gallon.
Existing plans for a 9,000 SF c‑store building with 10 fuel dispensers, 6 diesel lanes, and 25 truck parking spaces.
More than 370’ of frontage on SH‑21 and 660’ on Tabor Road (FM 974) with median crossover providing full east and west bound access.
No zoning restrictions.
Only 10 minutes to Bryan‑College Station and 20 minutes to Madisonville.
Electricity and water available.

We can help!

Contact an agent

Jeremy Richmond

For Sale

$1,700,000

Unrestricted land with fuel contract, store plans, and utilities.

Property size:

9,000 SF

Price / SF:

$188/SF

Added:: Jul 15, 2024
Days on Market:: 724
Last Refresh:: Jun 29 at 12:31 am

Property Features for 20159 Fm 974

General Information

Standard status: Active
Size: 9,000 SF

We can help!

Contact an agent

Jeremy Richmond

Listing office Oldham Goodwin Group, LLC

Listing date Jul 15, 2024

Source Exprealty

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, LLC

HighLights

Approved 10‑year fuel contract with major brand distributor contributing up to $1 Million for new store construction plus rebate of 3 cents on each gallon.
Existing plans for a 9,000 SF c‑store building with 10 fuel dispensers, 6 diesel lanes, and 25 truck parking spaces.
More than 370’ of frontage on SH‑21 and 660’ on Tabor Road (FM 974) with median crossover providing full east and west bound access.
No zoning restrictions.
Only 10 minutes to Bryan‑College Station and 20 minutes to Madisonville.
Electricity and water available.

Overview

This property presents an opportunity for development, benefiting from an approved 10-year fuel contract with a major brand distributor, potentially contributing up to $1 million for new store construction, along with a rebate of 3 cents per gallon. The location has no zoning restrictions. Existing plans outline a 9,000 square foot convenience store building, featuring 10 fuel dispensers, 6 diesel lanes, and 25 truck parking spaces. The site benefits from available electricity and water. It has frontage of more than 370 feet on SH-21 and 660 feet on Tabor Road (FM 974). A median crossover at Tabor Road facilitates full east and west bound access. The property is located approximately 10 minutes from Bryan-College Station and 20 minutes from Madisonville.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$162.0k	$18.00
− Vacancy	−$10.5k	−$1.17
EGI	$151.5k	$16.83
− OpEx	−$37.9k	−$4.21
NOI	$113.6k	$12.62

9,000 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.62M

$1.42M – $1.89M (±1% cap)

NOI $113,603 @ 7.0% cap · market cap 6.68%

Second Best

Retail

$1.39M

$1.22M – $1.62M (±1% cap)

NOI $97,373 @ 7.0% cap · market cap 5.73%

Theoretical Best

Office A

$2.22M

$1.94M – $2.59M (±1% cap)

NOI $155,131 @ 7.0% cap · market cap 9.13%

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

Property Profile Location Intelligence

Current Use by Public Records

Truck stops

Suggested Use

Location Insight

Map
Local Demand

City: Bryan
County: Brazos
State: Texas
Longitude: -96.2092
Latitude: 30.8536

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For sale
Truck stops
TX
Bryan
77808
20159 Fm 974

What type of property is this?

Truck stop - Unrestricted land with fuel contract, store plans, and utilities.

Where is this truck stop located?

The property is located at 20159 Fm 974 Bryan, TX.

What is the asking price?

The asking price for this property is $1,700,000.

What are key features of this property?

This property features: Approved 10‑year fuel contract with major brand distributor contributing up to $1 Million for new store construction plus rebate of 3 cents on each gallon.; Existing plans for a **9,000 SF c‑store building with 10 fuel dispensers, 6 diesel lanes, and 25 truck parking spaces.**; More than 370’ of frontage on SH‑21 and 660’ on Tabor Road (FM 974) with median crossover providing full east and west bound access.