Bryan Office and Flex
2200 E Villa Maria Rd Bryan, TX 77802
For Sale
Contact for pricing
Two buildings near hospital and college, ideal for owner.
Property Size15,500 SF
Lot Size2.00 Acres
Price / SF$112.90
Days on Market1156
Property Features for 2200 E Villa Maria Rd
General Information
- Standard status
- Active
- Size
- 15,500 SF
- Lot size
- 2.00 Acres
- Property subtype
- Office
Listing Agency:
Oldham Goodwin Group Bryan / College Station
(972) 387-0300
Listed By:
Clinton Oldham · License #TX555666
Source:
Crexi
Added: May 25, 2023
Changed: Jul 6
Last Checked: Jul 23 at 6:11AM
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.
The property at 2200 East Villa Maria Road in Bryan, Texas, features two buildings: an 11,500-square-foot office building constructed in 1966 and a 4,000-square-foot flex building constructed in 2012. Both buildings have undergone interior remodels, with the most recent updates completed between 2016 and 2017. Situated on a two-acre tract, the property is located directly across from the CHI St. Joseph Regional Health Hospital and near Blinn College. The buildings are suitable for an owner occupant and are offered at a discount to their replacement cost.
Key Highlights
- Located directly across from CHI St. Joseph Regional Health Hospital and near Blinn College.
- Offered at a significant discount to replacement cost.
- Includes two buildings: an 11,500 SF office building and a 4,000 SF flex building.
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $232.5k | $15.00 |
| − Vacancy | −$16.3k | −$1.05 |
| EGI | $216.2k | $13.95 |
| − OpEx | −$75.7k | −$4.88 |
| NOI | $140.5k | $9.07 |
15,500 SF · lease $15.00/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$2.91M
$2.55M – $3.40M
NOI $203,844 @ 7.0% cap · market cap 11.65%
Second Best
Flex RnD
$2.01M
$1.76M – $2.34M
NOI $140,546 @ 7.0% cap · market cap 8.03%
Theoretical Best
Office A
$3.82M
$3.34M – $4.45M
NOI $267,170 @ 7.0% cap · market cap 15.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
CHI St Joseph ...
Corporate Office
St Joseph EMS
Ambulance Service
FAQs
What type of property is this?
Office building - Two buildings near hospital and college, ideal for owner.
Where is this office building located?
The property is located at 2200 E Villa Maria Rd Bryan, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Located directly across from CHI St. Joseph Regional Health Hospital and near Blinn College.; Offered at a significant discount to replacement cost.; Includes two buildings: an **11,500 SF office building and a 4,000 SF flex building**.
