Updated Highway 35 Commercial
For Sale
Contact for pricing
201 E Brazos Ave, West Columbia, TX 77486
Move-in ready office or retail building on Highway 35.
Property Size2,034 SF
Price / SF$233.53
Days on Market1670
Property Features for 201 E Brazos Ave
General Information
Standard status
Active
Size
2,034 SF
Class
B
Property subtype
Mixed Use, Office, Retail
Lease Type
Gross
Investment Type
Owner/User
Building Details
Year Built
1945
Year Renovated
2021
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Provenzano Properties
Listed By:
Jalina Smith · License #434438
Source:
Crexi
Added: Mar 23, 2022
Changed: Oct 3
Last Checked: Oct 16 at 8:35AM
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 Provenzano Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located on Highway 35, this recently updated commercial space offers 2,034 square feet suitable for office or retail use. The property features an open floor plan with private offices, a kitchen, a bathroom, and a conference room. Additionally, there is a back office space with a separate entrance, including open office space with built-ins, a large walk-in closet, and another bathroom. The property is move-in ready.
Key Highlights
- Great location on Highway 35.
- Move‑in ready condition.
- Suitable for office or retail use.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,957
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,140
$679.1K
Cap Rate 7%
$485,100
$485.1K
Cap Rate 9%
$377,300
$377.3K
Market Conditions
NOI Build-Up for 2,034 SF
Gross rent
$60.3K $29.64/SF
− Vacancy
−$15.0K −$7.38/SF
EGI
$45.3K $22.26/SF
− OpEx
−$11.3K −$5.56/SF
NOI
$34.0K $16.69/SF
Area
Brazoria County, TX
Vacancy
24.90%
Lease Rate
$29.64 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,140
Cap Rate 7%
$485,100
Cap Rate 9%
$377,300
Alternative Uses
Best Use
Office B
$485.1K
$424.5K – $566.0K
NOI $33,957 @ 7.0% cap · market cap 7.15%
Second Best
Retail
$393.6K
$344.4K – $459.2K
NOI $27,551 @ 7.0% cap · market cap 5.80%
Theoretical Best
Multifamily LT 5
$25.34M
$22.17M – $29.56M
NOI $1,773,707 @ 7.0% cap · market cap 373.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Explore this area
Business Placement
Demographics for 77486, TX
7,488
Population
3,124
Households
2.4
Avg Household Size
40
Median Age
20%
College-Educated
91%
High-School Grad
48.2 sq mi
ZIP Area
155
Density / Sq Mi
$85,182
Median Household Income
$34,950
Median Earnings
$1,075
Median Rent
$221,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Move-in ready office or retail building on Highway 35.
Where is this mixed-use property located?
The property is located at 201 E Brazos Ave West Columbia, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Great location on Highway 35.; Move‑in ready condition.; Suitable for office or retail use.
