Corner Commercial Land with
For Sale
$245,000
607 W Martin Luther King Jr Street, Bryan, TX 77803
Commercial, Bryan, TX
Property Size720 SF
Lot Size0.26 Acres
Price / SF$340.28
Days on Market132
Property Features for 607 W Martin Luther King Jr Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B03
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.
Standard status
Active
APN
607 Martin Luther King Jr B03
Lot size
0.26 Acres
Building Details
Year built
1991
Listing Agency:
eXp Realty LLC
(888) 519-7431
Listed By:
Jahbari McLennan
(870) 530-2950
Added: Jun 24
Changed: Oct 9
Last Checked: Nov 2 at 7:06AM
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.
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Investment Insights
Based on property information with market context.
Located at 607 W Martin Luther King Jr Street in Bryan, this 0.264-acre commercial land parcel comprises two lots totaling 11,500 SF. The property includes a 720 SF building constructed in 1991, along with a concrete pad and fenced yard. The existing building has operated as a barber and salon shop, providing an established commercial improvement on the site.
B03 zoning supports the retail, personal service, food, and office uses identified for the property. The site is positioned on West MLK Jr Street, minutes from Downtown Bryan and the broader Bryan/College Station area, including Texas A&M. The concrete pad and yard provide additional physical components for parking, a vendor trailer, or another approved use.
B03 zoning supports the retail, personal service, food, and office uses identified for the property. The site is positioned on West MLK Jr Street, minutes from Downtown Bryan and the broader Bryan/College Station area, including Texas A&M. The concrete pad and yard provide additional physical components for parking, a vendor trailer, or another approved use.
Key Highlights
- 0.264‑acre commercial parcel spanning two lots
- 11,500 SF site with a 720 SF building
- B03 zoning supports retail, personal service, food, and office uses
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
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
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
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Commercial land - C-3-zoned corner site includes an existing small commercial building, concrete pad, and fenced yard.
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: 0.264‑acre commercial parcel spanning two lots; 11,500 SF site with a 720 SF building; B03 zoning supports retail, personal service, food, and office uses
