Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5863 Lynette Circle Bryan, TX 77807

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $846,806

    4.86 acres on HWY 47, great visibility and traffic.

    Type:Land / Commercial
    Property size:
    211,702 SF
    Lot size:
    4.86 Acres
    Added:
    Dec 22, 2019
    Days on Market:
    2311
    Last Refresh:
    Mar 13 at 12:14 pm

    Property Features for 5863 Lynette Circle

    General Information

    Standard status
    Active
    Size
    211,702 SF
    Lot size
    4.86 Acres
    Property subtype
    Land / Commercial

    We can help!

    Listing Contact
    John Parker

    Listing agent John Parker License #0667773

    Listing office Sago Commercial Real Estate

    Listing date Dec 22, 2019

    Source Compass

    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 Sago Commercial Real Estate

    Overview

    4.86 Acres on HWY 47

    This property features approximately 4.86 acres of commercial land located on HWY 47. The site offers visibility and traffic counts. It is positioned halfway between TAMU and RELLIS Campuses and is near Easterwood Airport, Atlas Corporate Campus, TAMU Health Science, and Brazos Expo.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Travel Agency Arcade & Gaming Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bryan
    County
    Brazos
    State
    Texas
    Longitude
    -96.4288767
    Latitude
    30.6187555

    Nearby Similar for Sale

    • $750,000
      5,250 SF

      Versatile Office/Warehouse Near Texas A&M

      Office/warehouse property near Texas A&M, suitable for various commercial uses.
      3611 S College Avenue, Bryan, TX 77801
      View Details
    • $699,900
      5,490 SF

      Texas Avenue Commercial Flex Building

      Versatile commercial building with showroom, kitchen, offices, and warehouse.
      2606 S Texas Avenue, Bryan, TX 77802
      View Details
    • $750,000
      3,450 SF

      Bryan TX Industrial Yard

      Improved industrial yard suitable for various operations in Bryan, TX.
      6235 Fourwinds Drive, Bryan, TX 77808
      View Details
    • $474,500
      2,644 SF

      High-Visibility Corner Lot in Bryan

      Prime commercial lot in Bryan's heart, across from Courthouse.
      209 S Texas Avenue, Bryan, TX 77803
      View Details
    • $493,000
      5,568 SF

      Multifamily Investment Opportunity in Bryan, TX

      Multifamily package near Historic Downtown Bryan with income potential.
      1012 & 1014 E 23rd Street, Bryan, TX 77803
      View Details
    • $599,900

      Bryan, TX Commercial Land Opportunity

      Cleared commercial land for development in Bryan's Midtown Corridor.
      3213/3209 S College Avenue, Bryan, TX 77801
      View Details
    • $170,000
      1,176 SF

      Bryan, TX Commercial Opportunity

      Commercially zoned property near downtown Bryan with live/work potential.
      1413 Sandy Point Road, Bryan, TX 77803
      View Details
    • $539,000
      8,024 SF

      Versatile Commercial Building in Bryan, TX

      Adaptable commercial building with customizable space in a convenient location.
      405 Mitchell Street, Bryan, TX 77801
      View Details
    • $539,000

      Adaptable Commercial Building in Bryan

      Versatile commercial building with adaptable space in Bryan, Texas.
      405 Mitchell Street, Bryan, TX 77801
      View Details
    • $150,000

      Commercial Land with Development Potential

      High-visibility commercial land with development potential near Highway 6.
      2007 Nuches Lane, Bryan, TX 77803
      View Details
    • $2,500,000

      Bryan Land Development Opportunity

      Land with development potential near Texas A&M University.
      403 Sulphur Springs Road, Bryan, TX 77801-3138
      View Details
    • $150,000

      Commercial Lot Near Downtown Bryan

      Vacant commercial lot with high visibility and access.
      806 N Washington Avenue, Bryan, TX 77803
      View Details

    FAQs

    What type of property is this?
    Commercial land - 4.86 acres on HWY 47, great visibility and traffic.
    Where is this commercial land located?
    The property is located at 5863 Lynette Circle Bryan, TX.
    What is the asking price?
    The asking price for this property is $846,806.
    What are key features of this property?
    This property features: +/- 4.86 Acres on HWY 47; Halfway Between TAMU and RELLIS Campuses; Great Visibility & Traffic Counts
    (979) 308-0106
    We can help!
    Listing Contact
    John Parker
    Real Estate License ID: 0667773
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!