Former Call Center Office
For Sale
$11,000,000
3101 University Drive E, Bryan, TX 77802
Expansive office building with 500+ parking spaces and space that can be subdivided for multiple tenants.
Property Size51,185 SF
Price / SF$214.91
Days on Market103
Property Features for 3101 University Drive E
General Information
Standard status
Active
Size
51,185 SF
Total Parking Spaces
500
Building Details
Year Built
1999
Listing Agency:
Greenprint Real Estate Group
Listed By:
Anthony Buck
(812) 870-0401
Source:
Greenprintrealestate.idxbroker
Added: Jul 3
Changed: Oct 8
Last Checked: Oct 12 at 4:34PM
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 Greenprint Real Estate Group
Investment Insights
Based on property information with market context.
This expansive former call center offers over 51,000 square feet of usable office space designed to support flexible reconfiguration. The property is described as having flexible zoning, making it suitable for a range of commercial or institutional uses, and the owner is open to subdividing the space for multiple tenants. There is also room for future expansion, supporting long-term adaptability.
Located at 3101 University Drive E in Bryan, TX, the building is supported by ample parking, with over 500 spaces to accommodate large gatherings. The overall configuration and parking capacity make it well suited for tenants seeking a sizable, adaptable office environment that can be tailored to different occupancy needs.
Located at 3101 University Drive E in Bryan, TX, the building is supported by ample parking, with over 500 spaces to accommodate large gatherings. The overall configuration and parking capacity make it well suited for tenants seeking a sizable, adaptable office environment that can be tailored to different occupancy needs.
Key Highlights
- Former call center office building built in 1999
- Over 51,000 sq ft of usable space
- Over 500 parking spaces for large gatherings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$673,147
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$13,462,940
$13.5M
Cap Rate 7%
$9,616,386
$9.6M
Cap Rate 9%
$7,479,411
$7.5M
Market Conditions
NOI Build-Up for 51,185 SF
Gross rent
$1.07M $21.00/SF
− Vacancy
−$177.4K −$3.47/SF
EGI
$897.5K $17.54/SF
− OpEx
−$224.4K −$4.38/SF
NOI
$673.1K $13.15/SF
Area
Brazos County, 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 Rate 5%
$13,462,940
Cap Rate 7%
$9,616,386
Cap Rate 9%
$7,479,411
Alternative Uses
Best Use
Office B
$9.62M
$8.41M – $11.22M
NOI $673,147 @ 7.0% cap · market cap 6.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.60M
$11.03M – $14.70M
NOI $882,266 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
Explore this area
Business Placement
Demographics for 77802, TX
25,502
Population
12,189
Households
2.1
Avg Household Size
37
Median Age
42%
College-Educated
93%
High-School Grad
11.5 sq mi
ZIP Area
2,218
Density / Sq Mi
$68,132
Median Household Income
$43,920
Median Earnings
$1,272
Median Rent
$237,600
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Expansive office building with 500+ parking spaces and space that can be subdivided for multiple tenants.
Where is this office building located?
The property is located at 3101 University Drive E Bryan, TX.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Former call center office building built in 1999; Over 51,000 sq ft of usable space; Over 500 parking spaces for large gatherings
