Corner Office Condo with Two-Story
1645 Greens Prairie Rd W Unit 204, College Station, TX 77845
For Sale
$975,000
Fully built suite with private offices, conference room, break room, and surface parking directly outside.
Property Size2,815 SF
Price / SF$346.36
Days on Market51
Property Features for 1645 Greens Prairie Rd W Unit 204
General Information
Standard status
Size
Amenities
two-story reception area
floor-to-ceiling windows
tinted glass
ceiling fans
conference room
open work area
full break room with quartz counters and stainless steel appliances
tiled walk-in shower
luxury vinyl plank flooring
Building Details
Year Built
Listing Agency:
The Arena Group
Listed By:
Ronnie Jimenez
(888) 567-5757
Source:
Doorstephomegroup
Added: Sep 18
Changed: Oct 25
Last Checked: Sep 29 at 2:35PM
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 The Arena Group
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Investment Insights
Based on property information with market context.
Suite 204 is a 2,815-square-foot corner office condo built in 2018 and maintained in fully finished condition. The entry reception area rises two stories and features floor-to-ceiling windows on two sides with tinted glass. The layout includes multiple private offices, a conference room, open work space, a full break room with quartz countertops and full-size stainless appliances, and a bathroom with a tiled walk-in shower. Luxury vinyl plank flooring and ceiling fans are installed throughout the office areas.
The property is located at 1645 Greens Prairie Road West in south College Station. Surface parking is positioned immediately outside the suite. Casa do Brasil, Marfa, Mr. G's Southside Italian Cafe, Blue Baker, and La Bodega are within walking distance, while H-E-B, Starbucks, and Dutch Bros are a short drive away. Texas A&M is accessible via Highway 6.
The property is located at 1645 Greens Prairie Road West in south College Station. Surface parking is positioned immediately outside the suite. Casa do Brasil, Marfa, Mr. G's Southside Italian Cafe, Blue Baker, and La Bodega are within walking distance, while H-E-B, Starbucks, and Dutch Bros are a short drive away. Texas A&M is accessible via Highway 6.
Key Highlights
- 2,815 SF corner office condo built in 2018
- Two‑story reception area with floor‑to‑ceiling windows on two sides
- Private offices, conference room, and open work area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,021
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$740,420
$740.4K
Cap Rate 7%
$528,871
$528.9K
Cap Rate 9%
$411,344
$411.3K
Market Conditions
NOI Build-Up for 2,815 SF
Gross rent
$59.1K $21.00/SF
− Vacancy
−$9.8K −$3.47/SF
EGI
$49.4K $17.54/SF
− OpEx
−$12.3K −$4.38/SF
NOI
$37.0K $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%
$740,420
Cap Rate 7%
$528,871
Cap Rate 9%
$411,344
Alternative Uses
Best Use
Office B
$528.9K
$462.8K – $617.0K
NOI $37,021 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$693.2K
$606.5K – $808.7K
NOI $48,522 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
590
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
$349,900
Median Home Value
Market
Average Price Trend$/SF for Office Units in College Station, TX
Properties on Market for Office Units in College Station
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Fully built suite with private offices, conference room, break room, and surface parking directly outside.
Where is this office unit located?
The property is located at 1645 Greens Prairie Rd W Unit 204 College Station, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 2,815 SF corner office condo built in 2018; Two‑story reception area with floor‑to‑ceiling windows on two sides; Private offices, conference room, and open work area
