Former Call Center Office
3101 University Drive E Bryan, TX 77802
3101 University Drive E, Bryan, TX, 77802
$11,000,000
For Sale
$11,000,000
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 Market19
Property Features for 3101 University Drive E
General Information
- Standard status
- Active
- Size
- 51,185 SF
Building Details
- Year Built
- 1999
Listing agency
(812) 870-0401
Listed by
Anthony Buck
(812) 870-0401
Source
Greenprintrealestate.idxbroker
Added: Jul 3 Updated: Jul 21 at 6:33AM Checked: Jul 21 at 6:33AM
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 Anthony Buck
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
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 | $1.07M | $21.00 |
| − Vacancy | −$177.4k | −$3.47 |
| EGI | $897.5k | $17.54 |
| − OpEx | −$224.4k | −$4.38 |
| NOI | $673.1k | $13.15 |
51,185 SF · lease $21.00/SF/yr · vacancy 16.50% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
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
