Corner Office
For Sale
Contact for pricing
1227 S College Avenue, Bryan, TX 77803
Flexible interior includes multiple rooms, open work areas, a kitchen, restrooms, and a dedicated utility area.
Property Size1,830 SF
Price / SF$163.88
Days on Market159
Property Features for 1227 S College Avenue
General Information
Standard status
Active
Size
1,830 SF
Property subtype
Office
Site & Location
Corner Location
Yes
Road Access
Yes
Amenities
private courtyard
kitchen
laundry/utility space
Building Details
Year Built
1987
Buildings
1
Building Size
1,830 SF
Listing Agency:
CENTURY 21 Integra
(979) 255-5369
Listed By:
Kristi Fox Satsky · License #TX
Source:
Crexi
Added: Mar 27
Changed: Aug 31
Last Checked: Aug 31 at 1:54AM
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 CENTURY 21 Integra
Investment Insights
Based on property information with market context.
This 1,830-square-foot office building, constructed in 1987, occupies a corner lot and offers a varied interior configuration. The layout includes multiple rooms, open work areas, a kitchen, restrooms, and a separate laundry and utility area. A private courtyard adds exterior space, while the existing arrangement has supported both barbershop and real estate office operations.
Parking is provided on site with access from S College Avenue. The property is positioned along a high-traffic commercial corridor in Bryan, Texas, with direct exposure from the avenue. Its combination of enclosed rooms, open workspace, service areas, and courtyard space supports office, retail, and service-oriented commercial configurations.
Parking is provided on site with access from S College Avenue. The property is positioned along a high-traffic commercial corridor in Bryan, Texas, with direct exposure from the avenue. Its combination of enclosed rooms, open workspace, service areas, and courtyard space supports office, retail, and service-oriented commercial configurations.
Key Highlights
- 1,830 SF office building constructed in 1987
- Corner‑lot positioning along S College Avenue in Bryan
- Multiple rooms and open work areas
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,067
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$481,340
$481.3K
Cap Rate 7%
$343,814
$343.8K
Cap Rate 9%
$267,411
$267.4K
Market Conditions
NOI Build-Up for 1,830 SF
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.
Gross rent
$38.4K $21.00/SF
− Vacancy
−$6.3K −$3.47/SF
EGI
$32.1K $17.54/SF
− OpEx
−$8.0K −$4.38/SF
NOI
$24.1K $13.15/SF
Area
Brazos County, 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$481,340
Cap Rate 7%
$343,814
Cap Rate 9%
$267,411
Alternative Uses
Best Use
Office B
$343.8K
$300.8K – $401.1K
NOI $24,067 @ 7.0% cap · market cap 8.03%
Second Best
Retail
$282.8K
$247.5K – $330.0K
NOI $19,799 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$450.6K
$394.3K – $525.7K
NOI $31,543 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
529
Businesses Nearby
Explore this area
Business Placement
Demographics for 77803, TX
30,533
Population
10,586
Households
2.9
Avg Household Size
32
Median Age
11%
College-Educated
72%
High-School Grad
13.6 sq mi
ZIP Area
2,245
Density / Sq Mi
$50,953
Median Household Income
$28,651
Median Earnings
$1,106
Median Rent
$141,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Flexible interior includes multiple rooms, open work areas, a kitchen, restrooms, and a dedicated utility area.
Where is this office building located?
The property is located at 1227 S College Avenue Bryan, TX.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,830 SF office building constructed in 1987; Corner‑lot positioning along S College Avenue in Bryan; Multiple rooms and open work areas
