Gauge Drive Light Industrial
For Sale
Contact for pricing
8826 Gauge Drive, College Station, TX 77845
6,000 SF light industrial building in Aggieland Business Park.
Property Size6,000 SF
Price / SF$232.50
Days on Market200
Property Features for 8826 Gauge Drive
General Information
Standard status
Active
Size
6,000 SF
Total Parking Spaces
19
Property subtype
Industrial, Office
Zoning
ETJ - Outside City Limits
Investment Type
Owner/User
Building Details
Year Built
2018
Buildings
1
Stories
1
Listing Agency:
Oldham Goodwin Group Bryan / College Station
(972) 387-0300
Listed By:
Clinton Oldham · License #TX555666
Source:
Crexi
Added: Feb 10
Changed: Aug 14
Last Checked: Aug 29 at 5:52AM
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 Bryan / College Station
Investment Insights
Based on property information with market context.
Located in Aggieland Business Park, 8826 Gauge Drive is a 6,000 square foot light industrial building. The property includes quality interior finish-out, and is move-in-ready for small service-based businesses, trade users, or work/hobby shop combinations. The space features approximately 3,538 square feet of office area, which includes five private offices, a reception area, a conference room, and a breakroom. Complementing the office space is 2,462 square feet of shop space. Situated on the western end of the business park, the location provides a professional operating environment with convenient access to Texas A&M University and the regional economic base. The building supports a range of service and flex uses, offering adaptability to market demand.
Key Highlights
- Move‑in‑ready 6,000 SF light industrial building.
- Includes 3,538 SF of quality finished office space with 5 private offices, reception, conference room, and breakroom.
- Features 2,462 SF of shop space.
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
$54,405
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
3.90%
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%
$1,088,100
$1.1M
Cap Rate 7%
$777,214
$777.2K
Cap Rate 9%
$604,500
$604.5K
Market Conditions
NOI Build-Up for 6,000 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
$90.0K $15.00/SF
− Vacancy
−$6.3K −$1.05/SF
EGI
$83.7K $13.95/SF
− OpEx
−$29.3K −$4.88/SF
NOI
$54.4K $9.07/SF
Area
College Station, TX
Vacancy
7.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
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%
$1,088,100
Cap Rate 7%
$777,214
Cap Rate 9%
$604,500
Alternative Uses
Best Use
Flex RnD
$777.2K
$680.1K – $906.8K
NOI $54,405 @ 7.0% cap · market cap 3.90%
Second Best
Industrial
$578.3K
$506.1K – $674.7K
NOI $40,484 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,421 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
972
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - 6,000 SF light industrial building in Aggieland Business Park.
Where is this flex space located?
The property is located at 8826 Gauge Drive College Station, TX.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Move‑in‑ready 6,000 SF light industrial building.; Includes 3,538 SF of quality finished office space with 5 private offices, reception, conference room, and breakroom.; Features 2,462 SF of shop space.
