Prime Location Fuel and
For Sale
$1,700,000
20159 Fm 974, Bryan, TX 77808
Unrestricted land with fuel contract, store plans, and utilities.
Property Size9,000 SF
Price / SF$188.89
Days on Market747
Property Features for 20159 Fm 974
General Information
Standard status
Active
Size
9,000 SF
Listing Agency:
Oldham Goodwin Group, LLC
(979) 268-2000
Listed By:
Jeremy Richmond · License #0563020
(979) 268-2000
Source:
Exprealty
Added: Jul 15, 2024
Changed: Jul 6
Last Checked: Jul 30 at 6:51PM
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, LLC
Investment Insights
Based on property information with market context.
This property presents an opportunity for development, benefiting from an approved 10-year fuel contract with a major brand distributor, potentially contributing up to $1 million for new store construction, along with a rebate of 3 cents per gallon. The location has no zoning restrictions. Existing plans outline a 9,000 square foot convenience store building, featuring 10 fuel dispensers, 6 diesel lanes, and 25 truck parking spaces. The site benefits from available electricity and water. It has frontage of more than 370 feet on SH-21 and 660 feet on Tabor Road (FM 974). A median crossover at Tabor Road facilitates full east and west bound access. The property is located approximately 10 minutes from Bryan-College Station and 20 minutes from Madisonville.
Key Highlights
- Approved 10‑year fuel contract with major brand distributor contributing up to $1 Million for new store construction plus rebate of 3 cents on each gallon.
- Existing plans for a 9,000 SF c‑store building with 10 fuel dispensers, 6 diesel lanes, and 25 truck parking spaces.
- More than 370’ of frontage on SH‑21 and 660’ on Tabor Road (FM 974) with median crossover providing full east and west bound access.
Financial Insights For Specialty Retail
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 | $162.0k | $18.00 |
| − Vacancy | −$10.5k | −$1.17 |
| EGI | $151.5k | $16.83 |
| − OpEx | −$37.9k | −$4.21 |
| NOI | $113.6k | $12.62 |
9,000 SF · lease $18.00/SF/yr · vacancy 6.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.62M
$1.42M – $1.89M
NOI $113,603 @ 7.0% cap · market cap 6.68%
Second Best
Retail
$1.39M
$1.22M – $1.62M
NOI $97,373 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$2.22M
$1.94M – $2.59M
NOI $155,131 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
126
Businesses Nearby
Explore this area
Business Placement
Demographics for 77808, TX
15,217
Population
5,850
Households
2.6
Avg Household Size
40
Median Age
38%
College-Educated
91%
High-School Grad
253.6 sq mi
ZIP Area
60
Density / Sq Mi
$102,781
Median Household Income
$58,476
Median Earnings
$1,103
Median Rent
$352,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Truck stop - Unrestricted land with fuel contract, store plans, and utilities.
Where is this truck stop located?
The property is located at 20159 Fm 974 Bryan, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Approved 10‑year fuel contract with major brand distributor contributing up to $1 Million for new store construction plus rebate of 3 cents on each gallon.; Existing plans for a **9,000 SF c‑store building with 10 fuel dispensers, 6 diesel lanes, and 25 truck parking spaces.**; More than 370’ of frontage on SH‑21 and 660’ on Tabor Road (FM 974) with median crossover providing full east and west bound access.
