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Single-Story Office Building
For Sale
$650,000

1803 Greenfield, Bryan, TX 77802

Private offices, conference space, and staff amenities create a functional workplace layout.

Property Size3,224 SF
Lot Size0.61 Acres
Price / SF$201.61
Days on Market88

Property Features for 1803 Greenfield

General Information

Standard status Active
Size 3,224 SF
Total Parking Spaces 24
Lot size 0.61 Acres

Building Details

Year Built 1974
Buildings 1
Stories 1
Building Size 3,224 SF
Construction brick
Listing Agency: Oldham Goodwin Group, LLC
Listed By: Jeremy Richmond · License #0563020
Source: Doorstephomegroup
Added: Jul 20 Changed: Sep 12 Last Checked: Sep 29 at 2:15PM

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

Investment Insights

Based on property information with market context.

This 3,224-square-foot office property provides a practical single-level configuration within a brick building constructed in 1974. The interior includes nine private offices, a conference room, a sizable reception area, a breakroom, and two restrooms, supporting a range of professional workspace arrangements.

Located at 1803 Greenfield in Bryan, the building occupies 0.61 acres within the Greenfield Plaza business district. On-site parking accommodates 24 vehicles, adding convenience for employees, visitors, and daily office operations.

Key Highlights

  • 3,224 SF single‑story office building
  • Nine private offices plus conference room
  • Large reception area, breakroom, and two restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,400
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$848,000 $848.0K
Cap Rate 7%
$605,714 $605.7K
Cap Rate 9%
$471,111 $471.1K
Market Conditions
NOI Build-Up for 3,224 SF
Gross rent
$67.7K $21.00/SF
− Vacancy
−$11.2K −$3.47/SF
EGI
$56.5K $17.54/SF
− OpEx
−$14.1K −$4.38/SF
NOI
$42.4K $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 Rate 5%
$848,000
Cap Rate 7%
$605,714
Cap Rate 9%
$471,111

Alternative Uses

Best Use
Office B
$605.7K
$530.0K – $706.7K (±1% cap)
NOI $42,400 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$793.9K
$694.6K – $926.2K (±1% cap)
NOI $55,571 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Bryan Community Development City Government Office

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,077
Businesses Nearby

Demographics for 77802, TX

25,502
Population
12,189
Households
2.1
Avg Household Size
37
Median Age
42%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
2,218
Density / Sq Mi
$68,132
Median Household Income
$43,920
Median Earnings
$1,272
Median Rent
$237,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Private offices, conference space, and staff amenities create a functional workplace layout.
Where is this office building located?
The property is located at 1803 Greenfield Bryan, TX.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3,224 SF single‑story office building; Nine private offices plus conference room; Large reception area, breakroom, and two restrooms
More about this property
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