Renovated Historic Office
New
For Sale
$2,700,000
200 E 24th Street, Bryan, TX 77803
Commercial, Bryan, TX
Property Size15,207 SF
Lot Size0.98 Acres
Price / SF$177.55
Days on Market3
Property Features for 200 E 24th Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
B17
Elementary school district
Bryan
Middle school district
Bryan
High school district
Bryan
Directions
From Texas Ave, East on 24th, property on the right, between Main and Texas Ave. Downtown
Standard status
Active
APN
200 24th B17
Size
15,207 SF
Lot size
0.98 Acres
Building Details
Year built
1949
Listing Agency:
LKG Realty Advisors
Listed By:
Richard Lemons
(979) 255-1950
Added: Oct 21
Last Checked: Oct 23 at 1:06AM
MLS# 26012535
Copyright © 2026 Bryan-College Station Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This office building in downtown Bryan contains 15,207 square feet on a 0.9786-acre parcel. Built in 1949, it has been renovated and retains historic details alongside oak floors, exposed ducts, and antique brick salvaged from original Texas A&M campus houses. The property is zoned B17.
The building is one block from Texas Avenue and North Main Street. Parking includes a private lot behind the building, a public lot across the street, and public street parking along 24th Street and North Tabor.
The building is one block from Texas Avenue and North Main Street. Parking includes a private lot behind the building, a public lot across the street, and public street parking along 24th Street and North Tabor.
Key Highlights
- 15,207‑square‑foot office building on 0.9786 acres
- Renovated building originally constructed in 1949
- B17 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$199,991
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,999,820
$4.0M
Cap Rate 7%
$2,857,014
$2.9M
Cap Rate 9%
$2,222,122
$2.2M
Market Conditions
NOI Build-Up for 15,207 SF
Gross rent
$319.3K $21.00/SF
− Vacancy
−$52.7K −$3.47/SF
EGI
$266.7K $17.54/SF
− OpEx
−$66.7K −$4.38/SF
NOI
$200.0K $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%
$3,999,820
Cap Rate 7%
$2,857,014
Cap Rate 9%
$2,222,122
Alternative Uses
Best Use
Office B
$2.86M
$2.50M – $3.33M
NOI $199,991 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.74M
$3.28M – $4.37M
NOI $262,120 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,054
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Oak flooring, exposed ductwork, and brickwork from former Texas A&M campus houses shape the interior.
Where is this office building located?
The property is located at 200 E 24th Street Bryan, TX.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 15,207‑square‑foot office building on 0.9786 acres; Renovated building originally constructed in 1949; B17 zoning
