Mixed-Use Property Near Texas
2700-2908 Finfeather Road Bryan, TX 77803
For Sale
Contact for pricing
Fully leased mixed-use property with redevelopment potential near Texas A&M.
Property Size59,362 SF
Price / SF$102
Days on Market75
Property Features for 2700-2908 Finfeather Road
General Information
- Standard status
- Active
- Size
- 59,362 SF
- Property subtype
- Retail, Office, Industrial
Listing Agency:
Conlee Real Estate
Listed By:
Craig Conlee · License #00572256
Source:
Crexi
Added: May 13
Changed: Jul 10
Last Checked: Jul 26 at 6:23AM
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 Conlee Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property is situated midway between Texas A&M University, the RELLIS Campus, and Historic Downtown Bryan, providing access to traffic flowing between the cities and the campus. The property encompasses over 35 rental units, totaling 55,000 square feet, and is currently 100% leased. It can be sold in 4 separate parcels or as one transaction. The property features a mix of small (1250 square feet) office/warehouse units, each with overhead doors that open to a back alley, as well as larger spaces, including one occupied by Cen-Tex Countertops for custom milling of marble and granite. The location is centrally located between Bryan and College Station, offering easy access to Texas A&M University, Historic Downtown Bryan, RELLIS Campus, the Bio Tech Corridor next to Traditions, and Easterwood Regional Airport. The new Midtown Park, featuring Top Golf, Legends Event Facilities, outdoor baseball fields, and a planned movie/gaming/indoor activity park, is located across the street. This property, situated on a 59,362 square foot lot, could be suitable for a hotel or conference center in the future.
Key Highlights
- 100% leased with over 35 rental units covering 55,000 SF
- Located midway between Texas A&M University, RELLIS Campus, and Historic Downtown Bryan
- Potential for future Hotel/Conference Center development due to proximity to Midtown Park
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $534.3k | $9.00 |
| − Vacancy | −$25.6k | −$0.43 |
| EGI | $508.6k | $8.57 |
| − OpEx | −$76.3k | −$1.29 |
| NOI | $432.3k | $7.28 |
59,362 SF · lease $9.00/SF/yr · vacancy 4.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$11.15M
$9.76M – $13.01M
NOI $780,685 @ 7.0% cap · market cap 12.89%
Second Best
Mixed Use
$9.26M
$8.10M – $10.80M
NOI $648,233 @ 7.0% cap · market cap 10.71%
Theoretical Best
Office A
$14.62M
$12.79M – $17.05M
NOI $1,023,211 @ 7.0% cap · market cap 16.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Mixed-use property - Fully leased mixed-use property with redevelopment potential near Texas A&M.
Where is this mixed-use property located?
The property is located at 2700-2908 Finfeather Road Bryan, TX.
What is the asking price?
The asking price for this property is $6,054,924.
What are key features of this property?
This property features: 100% leased with over 35 rental units covering 55,000 SF; Located midway between Texas A&M University, RELLIS Campus, and Historic Downtown Bryan; Potential for future Hotel/Conference Center development due to proximity to Midtown Park
