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Two-Story Office Condo
For Sale
$975,000

2800 Barron Rd Unit 102, College Station, TX 77845

New office condominium with reception, conference, private offices, bullpen workspace, kitchenette, storage, and three restrooms.

Property Size2,732 SF
Price / SF$356.88
Days on Market42

Property Features for 2800 Barron Rd Unit 102

General Information

Standard status Active
Size 2,732 SF

Additional Details

Floor 1-2
Office Units 1
Listing Agency: Clark Isenhour RealEstate Svcs
Listed By: Joshua Isenhour
Source: Doorstephomegroup
Added: Jul 21 Changed: Aug 31 Last Checked: Aug 31 at 4:21AM

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 Clark Isenhour RealEstate Svcs

Investment Insights

Based on property information with market context.

This new office condominium provides 2,732 square feet across two floors. The first level includes a reception area, conference room, storage, two ADA restrooms, one private office, and bullpen workspace with a kitchenette. The upper level adds four more offices and a restroom, creating a clear separation between reception, collaborative areas, and private workspaces.

Located at 2800 Barron Rd Unit 102 in College Station, the property is positioned in Barron Landing with access to South College Station. Occupancy is expected by the end of 2026.

Key Highlights

  • 2,732‑square‑foot office condominium in Barron Landing
  • Two‑floor layout with five private offices and bullpen workspace
  • First floor includes reception, conference room, storage, and kitchenette

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
$35,929
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
3.69%
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%
$718,580 $718.6K
Cap Rate 7%
$513,271 $513.3K
Cap Rate 9%
$399,211 $399.2K
Market Conditions
NOI Build-Up for 2,732 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
$57.4K $21.00/SF
− Vacancy
−$9.5K −$3.47/SF
EGI
$47.9K $17.54/SF
− OpEx
−$12.0K −$4.38/SF
NOI
$35.9K $13.15/SF
Area
College Station, 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 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%
$718,580
Cap Rate 7%
$513,271
Cap Rate 9%
$399,211

Alternative Uses

Best Use
Office B
$513.3K
$449.1K – $598.8K (±1% cap)
NOI $35,929 @ 7.0% cap · market cap 3.69%
Second Best
no second resolved use
Theoretical Best
Office A
$672.7K
$588.6K – $784.9K (±1% cap)
NOI $47,091 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Building Supply Real Estate Agency Big Box & Wholesale Store Hair Salon Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - New office condominium with reception, conference, private offices, bullpen workspace, kitchenette, storage, and three restrooms.
Where is this office units located?
The property is located at 2800 Barron Rd Unit 102 College Station, TX.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 2,732‑square‑foot office condominium in Barron Landing; Two‑floor layout with five private offices and bullpen workspace; First floor includes reception, conference room, storage, and kitchenette
More about this property
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