Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Bryan Retail Center For Lease Title is generated by Realmo AI

    3800 S Texas Ave, Bryan, TX 77801

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail center in Bryan, near Texas A&M University.

    Type:Retail
    Property size:
    18,412 SF
    Added:
    Sep 8, 2020
    Days on Market:
    2073
    Last Refresh:
    Mar 17 at 1:16 pm

    Property Features for 3800 S Texas Ave

    General Information

    Standard status
    Active
    Size
    18,412 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1969

    Spaces For Lease

    at 3800 S Texas Ave Contact us

    We can help!

    Listing Contact
    Freddy Alonso

    Listing agent Freddy Alonso License #0722949

    Listing office Oldham Goodwin Group

    Listing date Sep 8, 2020

    Source Crexi

    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 Oldham Goodwin Group

    HighLights

    • Unparalleled visibility
    • High vehicular and foot traffic counts
    • Centrally located on Texas Avenue in Bryan, one mile from Texas A&M University
    • Combination of national and local tenants
    • Cost‑effective rents
    • Convenient access to Bryan and College Station

    Overview

    Mid-town Center is an 18,412 square foot neighborhood retail center located in Bryan, Texas. It is centrally located on Texas Avenue in Bryan, just one mile from Texas A&M University and the renovated HEB anchored Tejas Retail Center. The location is in close proximity to numerous hotels and restaurants. The center offers a combination of national tenants, including Sherwin-Williams, and local tenants such as Park Avenue Hair Salon. The property provides cost-effective rents, high visibility, and convenient access to Bryan and College Station. The stable tenant mix and strong historical following make Mid-town Center suitable for retail or office users looking to capitalize on high vehicular and foot traffic counts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Morgan Fitzgerald's (Bike/Boat/Book/etc) Store Midtown Center Shopping Center & Mall MERLE NORMAN COSMETICS ... Cosmetic Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Midtown Center — 3800 Texas Ave, Bryan, TX 77801
    • Park Central — Bryan, TX 77802
    • Coinstar Kiosk - Bitcoin ATM — 725 E Villa Maria Rd H.E.B, Bryan, TX 77802
    • Tejas Center — 725 E Villa Maria Rd, Bryan, TX 77802
    • Foot Massage — 4405 Texas Ave, Bryan, TX 77802

    Location Insight

    • Map
    • Local Demand
    City
    Bryan
    County
    Brazos
    State
    Texas
    Longitude
    -96.345424
    Latitude
    30.636168

    Nearby Similar for Lease

    • $6,250/Mo

      Bryan, TX Office/Warehouse Opportunity

      Versatile office/warehouse near Texas A&M, suitable for various commercial uses.
      3611 S College Avenue, Bryan, TX 77801
      View Details
    • $2,200/Mo

      Bryan Commercial Space For Lease

      Move-in ready commercial space with high visibility and flexible zoning.
      405 W Wm J Bryan Parkway, Bryan, TX 77803
      View Details
    • $1,800/Mo

      High-Traffic Retail Space in Bryan

      Prime retail space with high visibility near Texas A&M.
      1125 E Villa Maria Road, Bryan, TX 77802
      View Details
    • $2,200/Mo

      New Retail/Office Suite Available

      Modern 1,100 SF commercial space in downtown Bryan, TX.
      608 N Bryan Avenue, Bryan, TX 77803
      View Details
    • $2,440/Mo

      Downtown Bryan Office/Retail Space

      Renovated office/retail space in historic downtown Bryan building.
      105 N Main Street N unit: 121, Bryan, TX 77803-3291
      View Details
    • $2,800/Mo

      Historic Downtown Office Space

      Office building in historic downtown Bryan, Texas available for rent.
      118 S Main Street, Bryan, TX 77803
      View Details
    • $1,350/Mo

      Downtown Bryan Remodeled Office Space

      Recently remodeled office space in Downtown Bryan with ample parking.
      307 S Main Street, Bryan, TX 77803-6948
      View Details
    • $17 SF/Yr

      Downtown Bryan Loft Office Space

      Unique loft office space in historic downtown Bryan.
      211 W Wm J Bryan Parkway, Bryan, TX 77803
      View Details
    • $8,700/Mo

      Bryan Commercial Space For Lease

      6000 SF office and shop on 4 acres.
      1720 N Harvey Mitchell Parkway, Bryan, TX 77803-2071
      View Details
    • $3,800/Mo

      Renovated Retail/Office Space in Bryan

      Renovated office or retail building in Historic Downtown Bryan.
      311 N Tabor Avenue unit: 311, Bryan, TX 77803
      View Details
    • $2,000/Mo

      Renovated Retail/Office Space in Bryan

      Historic downtown Bryan retail/office space with plentiful parking.
      309 N Tabor Street N Tabor Street N unit: 309, Bryan, TX 77803
      View Details
    • Sponsored
      Contact for pricing

      Galleria Village

      1716 Briarcrest Dr, Unit 3RD, Bryan, TX 77802
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail center in Bryan, near Texas A&M University.
    Where is this shopping center located?
    The property is located at 3800 S Texas Ave Bryan, TX.
    What are key features of this property?
    This property features: Unparalleled visibility; High vehicular and foot traffic counts; Centrally located on Texas Avenue in Bryan, one mile from Texas A&M University
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Freddy Alonso
    Real Estate License ID: 0722949
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3800 S Texas Ave, Bryan, TX 77801
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!