Freestanding Retail
New
For Sale
$750,000
3114 Texas Ave S, College Station, TX 77845
Standalone showroom with on-site parking and General Commercial zoning.
Property Size2,400 SF
Lot Size0.40 Acres
Price / SF$312.50
Days on Market7
Property Features for 3114 Texas Ave S
General Information
Standard status
Active
Size
2,400 SF
Lot size
0.40 Acres
Zoning
GC
Building Details
Buildings
1
Listing Agency:
Clark Isenhour RealEstate Svcs
(979) 268-6840
Listed By:
Blake Baumann · License #767080
(979) 229-9925
Source:
Exprealty
Added: Sep 2
Changed: Sep 7
Last Checked: Sep 7 at 2:40PM
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 freestanding retail and showroom property includes approximately ±2,400 SF of building area on ±0.40 acres, or 17,500 SF. The site provides on-site parking and a flexible interior layout that can accommodate retail, showroom, service, office, physical therapy, chiropractic, sports rehabilitation, wellness, or medical-related uses. General Commercial (GC) zoning supports the property’s commercial positioning.
The property fronts South Texas Avenue in College Station, providing a central infill location with access to major College Station corridors. Its frontage, standalone configuration, and parking complement a range of customer-facing and professional commercial operations.
The property fronts South Texas Avenue in College Station, providing a central infill location with access to major College Station corridors. Its frontage, standalone configuration, and parking complement a range of customer-facing and professional commercial operations.
Key Highlights
- Freestanding ±2,400 SF retail and showroom building
- Approximately ±0.40 acres, or 17,500 SF
- Prominent frontage on South Texas Avenue
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
$25,966
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
3.46%
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%
$519,320
$519.3K
Cap Rate 7%
$370,943
$370.9K
Cap Rate 9%
$288,511
$288.5K
Market Conditions
NOI Build-Up for 2,400 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
$40.3K $16.80/SF
− Vacancy
−$3.2K −$1.34/SF
EGI
$37.1K $15.46/SF
− OpEx
−$11.1K −$4.64/SF
NOI
$26.0K $10.82/SF
Area
College Station, TX
Vacancy
8.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
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%
$519,320
Cap Rate 7%
$370,943
Cap Rate 9%
$288,511
Alternative Uses
Best Use
Retail
$370.9K
$324.6K – $432.8K
NOI $25,966 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$591.0K
$517.1K – $689.5K
NOI $41,368 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
226k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 66%
Dining 26%
Shops & Services 7%
Hotels & Casinos 1%
Walmart
Superstores
149,062 visits/mo
0.4 miles
Wings N More
Dining
29,107 visits/mo
0.1 miles
SONIC Drive In
Dining
19,894 visits/mo
0.3 miles
Burger King
Dining
9,853 visits/mo
0.1 miles
Shell
Shops & Services
4,371 visits/mo
0.1 miles
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Showroom - Standalone showroom with on-site parking and General Commercial zoning.
Where is this showroom located?
The property is located at 3114 Texas Ave S College Station, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Freestanding ±2,400 SF retail and showroom building; Approximately ±0.40 acres, or 17,500 SF; Prominent frontage on South Texas Avenue
