Updated Highway 35 Commercial
For Sale
Contact for pricing
201 E Brazos Ave, West Columbia, TX 77486
Move-in ready office or retail building on Highway 35.
Property Size2,034 SF
Price / SF$233.53
Days on Market1624
Property Features for 201 E Brazos Ave
General Information
Standard status
Active
Size
2,034 SF
Class
B
Property subtype
Mixed Use, Office, Retail
Lease Type
Gross
Investment Type
Owner/User
Building Details
Year Built
1945
Year Renovated
2021
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Dea Provenzano
Listed By:
Jalina Smith · License #Texas 9006518
Source:
Crexi
Added: Mar 23, 2022
Changed: Aug 16
Last Checked: Aug 31 at 7:06PM
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 Dea Provenzano
Investment Insights
Based on property information with market context.
Located on Highway 35, this recently updated commercial space offers 2,034 square feet suitable for office or retail use. The property features an open floor plan with private offices, a kitchen, a bathroom, and a conference room. Additionally, there is a back office space with a separate entrance, including open office space with built-ins, a large walk-in closet, and another bathroom. The property is move-in ready.
Key Highlights
- Great location on Highway 35.
- Move‑in ready condition.
- Suitable for office or retail use.
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
$33,957
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
7.15%
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%
$679,140
$679.1K
Cap Rate 7%
$485,100
$485.1K
Cap Rate 9%
$377,300
$377.3K
Market Conditions
NOI Build-Up for 2,034 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
$60.3K $29.64/SF
− Vacancy
−$15.0K −$7.38/SF
EGI
$45.3K $22.26/SF
− OpEx
−$11.3K −$5.56/SF
NOI
$34.0K $16.69/SF
Area
Brazoria County, TX
Vacancy
24.90%
Lease Rate
$29.64 /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%
$679,140
Cap Rate 7%
$485,100
Cap Rate 9%
$377,300
Alternative Uses
Best Use
Office B
$485.1K
$424.5K – $566.0K
NOI $33,957 @ 7.0% cap · market cap 7.15%
Second Best
Retail
$393.6K
$344.4K – $459.2K
NOI $27,551 @ 7.0% cap · market cap 5.80%
Theoretical Best
Multifamily LT 5
$25.34M
$22.17M – $29.56M
NOI $1,773,707 @ 7.0% cap · market cap 373.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Explore this area
Business Placement
Demographics for 77486, TX
7,488
Population
3,124
Households
2.4
Avg Household Size
40
Median Age
20%
College-Educated
91%
High-School Grad
48.2 sq mi
ZIP Area
155
Density / Sq Mi
$85,182
Median Household Income
$34,950
Median Earnings
$1,075
Median Rent
$221,600
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Move-in ready office or retail building on Highway 35.
Where is this mixed-use property located?
The property is located at 201 E Brazos Ave West Columbia, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Great location on Highway 35.; Move‑in ready condition.; Suitable for office or retail use.
