Office-Warehouse Flex
24468 Highway 6, College Station, TX 77845
For Sale
$1,575,000
CommercialSale, College Station, TX
Property Size8,000 SF
Lot Size1.12 Acres
Price / SF$196.88
Days on Market42
Property Features for 24468 Highway 6
General Information
Property type
Property subtype
Middle school
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Property Use
Taxes and HOA fees
Tax Description
Legal Description
Amenities
Fiber Internet
Building Details
Year built
Buildings
Listing Agency:
LKG Realty Advisors
(979) 255-1950
Listed By:
Peter Kramer · License TX #0564398
(979) 595-6716
Added: Oct 2
Changed: Nov 9
Last Checked: Nov 12 at 7:06PM
MLS# 26011890
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.
Built in 2022, the property includes two office-warehouse buildings totaling 8,000 square feet, each with a 14-foot roll-up door. One 4,000-square-foot building is divided into two leased 2,000-square-foot spaces. The other building is vacant and includes about 700 square feet of office and restroom area. Both buildings have access to fenced yard space and concrete drives; the vacant building also has substantial concrete parking.
The 1.116-acre site has frontage on Highway 6. On-site infrastructure includes three-phase power and fiber internet.
The 1.116-acre site has frontage on Highway 6. On-site infrastructure includes three-phase power and fiber internet.
Key Highlights
- Two 4,000‑square‑foot office‑warehouse buildings totaling 8,000 square feet
- One building divided into two leased 2,000‑square‑foot spaces; the other 4,000‑square‑foot building is vacant
- Vacant building includes about 700 square feet of office and restroom space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,540
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,450,800
$1.5M
Cap Rate 7%
$1,036,286
$1.0M
Cap Rate 9%
$806,000
$806.0K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$120.0K $15.00/SF
− Vacancy
−$8.4K −$1.05/SF
EGI
$111.6K $13.95/SF
− OpEx
−$39.1K −$4.88/SF
NOI
$72.5K $9.07/SF
Area
College Station, TX
Vacancy
7.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,450,800
Cap Rate 7%
$1,036,286
Cap Rate 9%
$806,000
Alternative Uses
Best Use
Flex RnD
$1.04M
$906.8K – $1.21M
NOI $72,540 @ 7.0% cap · market cap 4.61%
Second Best
Warehouse
$832.3K
$728.3K – $971.0K
NOI $58,262 @ 7.0% cap · market cap 3.70%
Theoretical Best
Office A
$1.97M
$1.72M – $2.30M
NOI $137,894 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Well-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Two buildings offer a mix of leased and vacant space, fenced yards, and concrete drives.
Where is this flex space located?
The property is located at 24468 Highway 6 College Station, TX.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: Two 4,000‑square‑foot office‑warehouse buildings totaling 8,000 square feet; One building divided into two leased 2,000‑square‑foot spaces; the other 4,000‑square‑foot building is vacant; Vacant building includes about 700 square feet of office and restroom space
