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    40-by-60 Industrial Warehouse Title is generated by Realmo AI

    4367 Alexis Court, College Station, TX 77845

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    For Lease
    $2,000/Mo $10 SF/Yr (calc)

    COMMERCIAL - College Station, TX

    Property size:
    2,400 SF
    Lot size:
    1.00 Acre
    Added:
    Jun 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 6 at 2:06 pm

    Property Features for 4367 Alexis Court

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    107
    Standard status
    Active
    APN
    4367 Alexis 107
    Size
    2,400 SF
    Lot size
    1.00 Acre

    Building Details

    Year built
    2003
    Flooring type
    Concrete
    Roof type
    Metal

    We can help!

    Listing Contact
    Edward Allison
    Edward Allison

    Listing agent Edward Allison License #0594787

    Listing office Engel & Voelkers B/CS 307 N Tabor Ave, Bryan, TX

    Listing date Jun 5, 2026

    MLS# 26005781

    Copyright © 2026 Bryan-College Station Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2,400 SF 40 x 60 warehouse built in 2003 with metal roof
    • Zoned industrial and located at Highway 30 East and Alexis Court in College Station
    • Includes 3 bay doors for warehouse access
    • On‑site amenities include a storage area and bathroom
    • Fenced yard area plus all utilities on site

    Overview

    This 2,400-square-foot warehouse offers a 40-by-60 building configuration with three bay doors for loading and unloading. The space includes a dedicated storage area, a bathroom, and an exterior fenced yard area that can support equipment or materials staging. Utilities are on site, and the property is presented as an industrial-zoned facility.

    The property is conveniently located near Highway 30 East at Alexis Court in College Station. With direct access to the site and on-site utilities, it is positioned for tenants that need straightforward operational functionality.

    For industrial users seeking a compact warehouse setup, this facility provides the core improvements for storage and distribution activities, including multiple loading doors and an on-site restroom. The fenced yard adds flexibility for handling day-to-day materials without using the interior space for outdoor staging. Industrial zoning and the on-site utilities further support an operational-ready layout for the right tenant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel Pharmacy Gym & Fitness Center

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

    Similar Places Nearby

    • Iron Mountain — 10900 SH 30, College Station, TX 77845
    • Morningstar Storage — 10099 SH 30, College Station, TX 77845
    • Brazos Moving and Storage — 10099 SH 30, College Station, TX 77845
    • Brazos Record Storage — 10900 SH 30, College Station, TX 77845

    Location Insight

    • Map
    • Local Demand
    City
    College Station
    County
    Brazos
    State
    Texas
    Longitude
    -96.261448
    Latitude
    30.64754

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    FAQs

    What type of property is this?
    Warehouse - Functional warehouse with multiple bay doors, a restroom, and a fenced yard for practical industrial storage needs.
    Where is this warehouse located?
    The property is located at 4367 Alexis Court College Station, TX.
    What is the lease rate?
    The lease rate is $2,000 /Mo.
    What are key features of this property?
    This property features: 2,400 SF 40 x 60 warehouse built in 2003 with metal roof; Zoned industrial and located at Highway 30 East and Alexis Court in College Station; Includes 3 bay doors for warehouse access
    (979) 446-0946
    We can help!
    Listing Contact
    Edward Allison
    Edward Allison
    Real Estate License ID: 0594787
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    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.

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    4367 Alexis Court, College Station, TX 77845-7135
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