Freestanding Clinic in College
For Sale
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4007 Victoria Ave, College Station, TX 77845
Freestanding primary care clinic in the heart of College Station.
Property Size7,647 SF
Price / SF$425
Days on Market712
Property Features for 4007 Victoria Ave
General Information
Standard status
Active
Size
7,647 SF
Total Parking Spaces
44
Property subtype
Office
Zoning
SC - Suburban Commercial
Building Details
Year Built
2014
Buildings
1
Stories
1
Listing Agency:
Oldham Goodwin Group Bryan / College Station
Listed By:
Clinton Oldham · License #TX555666
(972) 387-0300
Source:
Crexi
Added: Oct 28, 2024
Changed: Sep 26
Last Checked: Oct 7 at 9:28AM
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 4007 Victoria Avenue is a freestanding primary care clinic located in College Station, TX. Constructed in 2014, the building is suitable for various healthcare uses. The property benefits from its location between established neighborhoods in the southern growth area of College Station. Situated near the corner of Barron Road and Victoria Avenue, and directly across from College Station High School, it is an ideal service point for the southern half of College Station. The property size is 7,647 square feet.
Key Highlights
- Freestanding primary care clinic suitable for various healthcare uses.
- Built in 2014.
- Excellent location in the heart of College Station's southerly growth path.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,568
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,011,360
$2.0M
Cap Rate 7%
$1,436,686
$1.4M
Cap Rate 9%
$1,117,422
$1.1M
Market Conditions
NOI Build-Up for 7,647 SF
Gross rent
$160.6K $21.00/SF
− Vacancy
−$26.5K −$3.47/SF
EGI
$134.1K $17.54/SF
− OpEx
−$33.5K −$4.38/SF
NOI
$100.6K $13.15/SF
Area
College Station, TX
Vacancy
16.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,011,360
Cap Rate 7%
$1,436,686
Cap Rate 9%
$1,117,422
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $100,568 @ 7.0% cap · market cap 3.09%
Second Best
Healthcare Medical
$1.27M
$1.11M – $1.49M
NOI $89,195 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M
NOI $131,810 @ 7.0% cap · market cap 4.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
304
Businesses Nearby
Balanced
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Freestanding primary care clinic in the heart of College Station.
Where is this medical office space located?
The property is located at 4007 Victoria Ave College Station, TX.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Freestanding primary care clinic suitable for various healthcare uses.; Built in 2014.; Excellent location in the heart of College Station's southerly growth path.
