Leased Investment Property Near Texas
3091 University Dr E Bryan, TX 77802
3091 University Dr E, Bryan, TX, 77802
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For Sale
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100% leased investment property with diverse commercial use potential.
Property Size2,060 SF
Price / SF$309.47
Days on Market53
Property Features for 3091 University Dr E
General Information
- Standard status
- Active
- Size
- 2,060 SF
- Property subtype
- OFFICE
Listing Agency
Riverstone Companies, LLC
(979) 431-4400
Listed by
James Jones · License #0545598
(979) 431-4400
Source
Moodyscre
Added: May 26 Checked: Jul 17 at 4:16 am
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 Riverstone Companies, LLC
Investment Insights
Based on property information with market context.
This investment property is 100% leased and offers a 7.25% cap rate. The property includes 7 offices, a reception area, 2 conference rooms, 2 restrooms, and a break area with a kitchen. It is very well maintained and features a new AC unit. Situated less than a mile from Highway 6 via University Drive and 3 miles from Texas A&M, the location benefits from a lighted intersection providing easy access in all directions. The property is directly across from the highly visited Veterans Park. Designated for offices, retail, hospitality, healthcare, and similar commercial uses, it allows flexibility for a variety of tenant profiles. The surrounding area includes rapidly expanding residential neighborhoods, thriving commercial centers, and essential service businesses. The property is 2060 square feet. All landscaping and exterior maintenance are maintained by the HOA. Signage is available on the building and/or monument.
Key Highlights
- Investment Property: 100% Leased with a 7.25% Cap Rate
- Strategic Location: Less than a mile from Hwy 6 and 3 miles to Texas A&M
- Versatile Use: Designated for offices, retail, hospitality, healthcare, and similar commercial uses
Local Financial Insights For Office B
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 | $43.3k | $21.00 |
| − Vacancy | −$7.1k | −$3.47 |
| EGI | $36.1k | $17.54 |
| − OpEx | −$9.0k | −$4.38 |
| NOI | $27.1k | $13.15 |
2,060 SF · lease $21.00/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$387.0K
$338.7K – $451.5K
NOI $27,092 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$507.3K
$443.9K – $591.8K
NOI $35,508 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Robert Herring
Physician
Colliers Engineering & Design
Engineering Consultant
Lisam Systems
(Bike/Boat/Book/etc) Store
Elizabeth Marquez, REALTOR
Real Estate Agency
Cedar Frame Real ...
Real Estate Agency
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FAQs
What type of property is this?
Office units - 100% leased investment property with diverse commercial use potential.
Where is this office units located?
The property is located at 3091 University Dr E Bryan, TX.
What is the asking price?
The asking price for this property is $637,500.
What are key features of this property?
This property features: Investment Property: 100% Leased with a 7.25% Cap Rate; Strategic Location: Less than a mile from Hwy 6 and 3 miles to Texas A&M; Versatile Use: Designated for offices, retail, hospitality, healthcare, and similar commercial uses
