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Commercial Land with Building

607 W Martin Luther King Jr Street, Bryan, TX 77803

For Sale
$245,000

CommercialSale, Bryan, TX

Property Size720 SF
Lot Size0.26 Acres
Price / SF$340.28
Days on Market144

Property Features for 607 W Martin Luther King Jr Street

General Information

Property type Commercial Sale
Property subtype Other
Middle school ,
Elementary school district Bryan
Middle school district Bryan
High school district Bryan
Directions Direction Prefix (in the address fields) ? for 607 W Martin Luther King Jr St, the direction is W (West). Street/Frontage direction (which way the lot faces or fronts) ? that's about which side of MLK the property sits on. I can't tell that from CAD alone; it'd come from the map/aerial.
Subdivision B03
Standard status Active
APN 23025
Lot size 0.26 Acres

Taxes and HOA fees

Tax Description Lots 9 & 10, City of Bryan Townsite
Legal Description Lots 9 & 10, City of Bryan Townsite

Building Details

Year built 1991
Listing Agency: eXp Realty LLC
Listed By: Jahbari McLennan · License TX #0784248
Added: Jun 24 Changed: Nov 9 Last Checked: Nov 14 at 3:06AM
MLS# 26007542

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.

Rey
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Investment Insights

Based on property information with market context.

The corner property comprises two lots with a 720-square-foot building constructed in 1991. The structure has operated as a barber or salon shop. A concrete pad and fenced yard are also on site, and the property carries C-3 zoning, which the source identifies for retail, personal service, food, and office uses.

Located on West Martin Luther King Jr. Street in Bryan, the property is described as part of an established commercial corridor. Downtown Bryan and the Bryan–College Station area, including Texas A&M, are noted as nearby destinations.

Key Highlights

  • Two‑lot commercial corner property in Bryan
  • 720‑square‑foot building constructed in 1991
  • C‑3 zoning; stated uses include retail, personal service, food, and office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,790
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$155,800 $155.8K
Cap Rate 7%
$111,286 $111.3K
Cap Rate 9%
$86,556 $86.6K
Market Conditions
NOI Build-Up for 720 SF
Gross rent
$12.1K $16.80/SF
− Vacancy
−$968 −$1.34/SF
EGI
$11.1K $15.46/SF
− OpEx
−$3.3K −$4.64/SF
NOI
$7.8K $10.82/SF
Area
Brazos County, 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 Rate 5%
$155,800
Cap Rate 7%
$111,286
Cap Rate 9%
$86,556

Alternative Uses

Best Use
Retail
$111.3K
$97.4K – $129.8K (±1% cap)
NOI $7,790 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$177.3K
$155.1K – $206.8K (±1% cap)
NOI $12,410 @ 7.0% cap · market cap 5.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Big Box & Wholesale Store Storage Facility Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,040
Businesses Nearby

Demographics for 77803, TX

30,533
Population
10,586
Households
2.9
Avg Household Size
32
Median Age
11%
College-Educated
72%
High-School Grad
13.6 sq mi
ZIP Area
2,245
Density / Sq Mi
$50,953
Median Household Income
$28,651
Median Earnings
$1,106
Median Rent
$141,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Commercial land in Bryan

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - A fenced yard, concrete pad, and C-3 zoning complement the existing commercial structure.
Where is this commercial land located?
The property is located at 607 W Martin Luther King Jr Street Bryan, TX.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Two‑lot commercial corner property in Bryan; 720‑square‑foot building constructed in 1991; C‑3 zoning; stated uses include retail, personal service, food, and office
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Includes: Price & PSF · Cap rate · Location · Zoning

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