Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    624 Mary Lake Dr Bryan, TX 77801

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Single-tenant office, ideal medical or executive use.

    Lot size:
    2,564 SF

    Property Features for 624 Mary Lake Dr

    General Information

    Property type
    Freestanding property
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,564 SF
    Class
    B
    Total Rate
    2205.04

    Building Details

    Year Built
    1979
    Stories
    1

    Spaces For Lease

    at 624 Mary Lake Dr, Bryan, TX 77801 Contact us
    Unit Available Space

    $10 /Mo

    Size
    2,564 SF
    Contact us

    We can help!

    Listing Contact
    Robert Young
    Robert Young

    Listing Agent: Robert Young

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 2,564-square-foot freestanding office building presents a unique opportunity in Bryan, Texas. Located at 624 Mary Lake Drive, just off Texas Avenue in the Bryan, TX - Texas Ave corridor, this single-tenant property boasts a convenient and highly visible location. Built in 1979, the building is classified as Class B and features a single story design. The entire 2,564 square feet is currently vacant, offering immediate occupancy for a new tenant. The property's zoning is Commercial, making it suitable for a variety of professional uses. Its previous use as a dental practice suggests its suitability for medical offices, but its adaptable layout makes it equally attractive to executive office tenants. Situated in Brazos County, this property offers easy access to major roadways and ample parking. The address is 624 Mary Lake Dr, Bryan, TX 77801, and its coordinates are 30.6388931 latitude and -96.3492183 longitude. This is a rare opportunity to acquire a well-located, single-tenant office building in a thriving Texas market. The property is ready for immediate occupancy and offers significant potential for a variety of businesses. The cross street is S Texas Ave.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Olusegun Null Alonge Dental Office Roopa Manandhar Dental Office

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Bryan
    County
    Brazos
    State
    Texas
    Longitude
    -96.3492183
    Latitude
    30.6388931

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      Galleria Village

      Flexible workspace in Central Avenue
      1716 Briarcrest Dr, Bryan, TX 77802
      View Details
    • $20 SF/Yr
      2,300 SF

      End Cap Shell Space

      End cap shell space with drive-thru window for lease.
      13244 S State Highway 6, Bryan, TX 77807
      View Details
    • $22 SF/Yr

      Upscale Office Space in Bryan

      Prime central location with high-end finishes and tenant improvements.
      2800 South Texas Ave, Bryan, TX 77802
      View Details
    • $14 SF/Yr

      Retail and Office Space Available

      Retail and office spaces for lease in Bryan, Texas.
      3601 East 29Th St, Bryan, TX 77802
      View Details
    • $22 SF/Yr

      Downtown Bryan Retail Space Available

      Prime retail space in the heart of Downtown Bryan.
      501 N Main St, Bryan, TX 77803
      View Details
    • $18 SF/Yr

      Retail Strip Center For Rent

      Multi-tenant retail strip center near Texas A&M University.
      3600 South Texas Ave, Bryan, TX 77802
      View Details
    • $12 SF/Yr

      Industrial Space in Bryan, Texas

      55,404 SF industrial space available for lease.
      3904 N Texas Ave, Bryan, TX 77803
      View Details
    • Contact for pricing

      New Office/Retail Project in Bryan

      Class A office/retail space in a rapidly developing area.
      992 N Earl Rudder Fwy, Bryan, TX 77808
      View Details
    • $24 SF/Yr
      2,000 SF

      Retail Space Near Truck Stop

      Retail space with high-volume customer flow near Circle T Truck Stop.
      5943 E Sh 21, Bryan, TX
      View Details
    • Contact for pricing
      5,664 SF

      Bryan Warehouse with Fenced Yard

      Warehouse with ten overhead doors and large fenced yard.
      1560 N Harvey Mitchell Pkwy, Bryan, TX 77803
      View Details
    • Contact for pricing
      12,000 SF

      High-Traffic Retail Center Space

      Retail space in high-demand Bryan location, suitable for diverse tenants.
      2100 E 29Th St, Bryan, TX 77802
      View Details
    • Contact for pricing
      1,172 SF

      Corner Retail Space Available

      C-Store corner space with bank buildout available for rent.
      3400-3402 Sh 21 E, Bryan, TX
      View Details

    FAQs

    What type of property is this?
    Freestanding property - Single-tenant office, ideal medical or executive use.
    Where is this freestanding property located?
    The property is located at 624 Mary Lake Dr Bryan, TX.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    (979) 431-5566 Call to check price and availability
    Request Owner's contact information
    624 Mary Lake Dr Bryan, TX 77801
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    624 Mary Lake Dr
    Bryan, TX 77801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    624 Mary Lake Dr Bryan, TX 77801
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Robert Young
    Robert Young
    Real Estate License ID: 0517625
    (979) 431-5566 (979) 324-1717
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!