Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2402 Blanco Dr, Unit A College Station, TX 77845

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $825 /Mo ($12 SF/Yr)

    Two-bedroom, one-bath townhome near dining, shopping, and TAMU bus route.

    Property size:
    770 SF
    Lot size:
    770 SF

    Property Features for 2402 Blanco Dr

    General Information

    Size
    770 SF

    Building Details

    Year built
    1980

    We can help!

    Listing Contact
    Maurey Bell
    Source: Kw

    Listing Agent: Maurey Bell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    College Station Townhome For Rent

    This two-bedroom, one-bath townhome is located in a fourplex in College Station. The property is situated close to dining and shopping options and is on the Texas A&M University (TAMU) bus route. The unit features an open living and dining concept that extends to an outdoor patio. The property size is 770 square feet. All appliances are included, with the exception of a washer and dryer. Lawn care and pest control services are provided.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    College Station
    County
    Brazos
    State
    Texas
    Longitude
    -96.310697
    Latitude
    30.589778

    Nearby Similar for Lease

    • $700 /Mo
      1,779 SF

      Room for Rent Near TAMU

      Room in 4-bed, 4-bath townhome with community amenities near TAMU.
      2916 Old Ironsides Dr, College Station, TX 77845
      View Details
    • $1,600 /Mo
      1,216 SF

      Well-Maintained Home Near Texas A&M

      Spacious 3-bedroom home with modern amenities and easy campus access.
      4484 Arthur Ln, College Station, TX 77845
      View Details
    • Contact for pricing
      450,000 SF

      Gateway Station Retail Space

      College Station Shopping Center: Prime Retail Opportunity
      1501 University Dr, College Station, TX 77840
      View Details
    • $36 SF/Yr
      53,900 SF

      University Town Center Office Suites

      College Station Executive Office Space Available
      800 University Dr, College Station, TX 77840
      View Details
    • Contact for pricing
      31,180 SF

      College Station Retail/Educational Space

      31,180 SF former college space near Texas A&M.
      2704 Texas Ave S, College Station, TX 77840
      View Details
    • $25 SF/Yr
      1,512 SF

      Retail Space Near Texas A&M

      Prime retail space with high visibility and foot traffic.
      717 University Dr, College Station, TX 77840
      View Details
    • Contact for pricing
      40,320 SF

      Providence Park Warehouse Space

      40,320 SF Flex/Warehouse Space Available
      2501 Earl Rudder Fwy, College Station, TX 77845
      View Details
    • Contact for pricing
      2,730 SF

      College Station Retail Opportunity

      Prime 2,730 SF Retail Space Available
      0 Sec University Dr & Tarrow St, College Station, TX 77840
      View Details
    • Contact for pricing
      166,450 SF

      Highway 30 Business Park: Prime Space

      Modern Industrial Space for Lease in College Station
      11400 Sh 30, College Station, TX 77845
      View Details
    • $14 SF/Yr
      2,806 SF

      College Station Retail Space Available

      Prime Restaurant Space, Flexible Sizes
      700 University Dr, College Station, TX 77840
      View Details
    • $29 SF/Yr
      11,000 SF

      Mills Park Executive Office Suites

      Prime Office Space, Caprock Crossing
      4501 Mills Park Cir, College Station, TX 77845
      View Details
    • Contact for pricing
      1,225 SF

      Retail/Office Space Near Texas A&M

      Versatile retail/office space with high visibility near Texas A&M.
      1931 Texas Ave S, College Station, TX 77840
      View Details

    FAQs

    What type of property is this?
    Quadplex - Two-bedroom, one-bath townhome near dining, shopping, and TAMU bus route.
    Where is this quadplex located?
    The property is located at 2402 Blanco Dr, Unit A College Station, TX.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Move-in ready 2 bed, 1 bath townhome.; - Located on the TAMU bus route.; - Close proximity to dining and shopping.
    Request Owner's contact information
    2402 Blanco Dr, Unit A College Station, TX 77845
    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.
    2402 Blanco Dr, Unit A
    College Station, TX 77845
    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
    2402 Blanco Dr, Unit A College Station, TX 77845
    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

    We can help!
    Listing Contact
    Maurey Bell
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.