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

    2801 E 29th St Bryan, TX 77802

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    3,109 SF medical office endcap near St. Joseph Hospital.

    Type:Office
    Property size:
    3,109 SF
    Added:
    Sep 19, 2024
    Days on Market:
    583
    Last Refresh:
    Mar 17 at 1:22 pm

    Property Features for 2801 E 29th St

    General Information

    Standard status
    Active
    Size
    3,109 SF
    Property subtype
    Office

    Building Details

    Year Built
    1985

    Spaces For Lease

    at 2801 E 29th St Contact us

    We can help!

    Listing Contact
    Daniel Powell

    Listing agent Daniel Powell License #585304

    Listing office Oldham Goodwin Group Bryan / College Station

    Listing date Sep 19, 2024

    Source Crexi

    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

    Overview

    Medical Office Space For Rent

    This commercial real estate property offers 3,109 square feet of medical office space. It is an endcap unit located across from St. Joseph Hospital in Bryan, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Laboratory Services - Bryan, ... Medical Clinic Flanagan Spectacles Inc Ophthalmologist Ricardo S. Lemos, ... Physician Frederick S. Tan, ... Physician Julie W. Lim, ... Physician

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    • El Cerrito Animal Clinic — 1730 barak ln, bryan, tx 77802
    • Kingdom Animal Hospital — 824 E Villa Maria Rd, Bryan, TX 77802
    • Lara M Renee DVM — 824 E Villa Maria Rd, Bryan, TX 77802
    • Bump Melissa DVM — 824 E Villa Maria Rd, Bryan, TX 77802

    Location Insight

    • Map
    • Local Demand
    City
    Bryan
    County
    Brazos
    State
    Texas
    Longitude
    -96.344281
    Latitude
    30.656712

    Nearby Similar for Lease

    • $6,250/Mo

      Bryan, TX Office/Warehouse Opportunity

      Versatile office/warehouse near Texas A&M, suitable for various commercial uses.
      3611 S College Avenue, Bryan, TX 77801
      View Details
    • $2,200/Mo

      Bryan Commercial Space For Lease

      Move-in ready commercial space with high visibility and flexible zoning.
      405 W Wm J Bryan Parkway, Bryan, TX 77803
      View Details
    • $1,800/Mo

      High-Traffic Retail Space in Bryan

      Prime retail space with high visibility near Texas A&M.
      1125 E Villa Maria Road, Bryan, TX 77802
      View Details
    • $2,200/Mo

      New Retail/Office Suite Available

      Modern 1,100 SF commercial space in downtown Bryan, TX.
      608 N Bryan Avenue, Bryan, TX 77803
      View Details
    • $2,440/Mo

      Downtown Bryan Office/Retail Space

      Renovated office/retail space in historic downtown Bryan building.
      105 N Main Street N unit: 121, Bryan, TX 77803-3291
      View Details
    • $2,800/Mo

      Historic Downtown Office Space

      Office building in historic downtown Bryan, Texas available for rent.
      118 S Main Street, Bryan, TX 77803
      View Details
    • $1,350/Mo

      Downtown Bryan Remodeled Office Space

      Recently remodeled office space in Downtown Bryan with ample parking.
      307 S Main Street unit: 201, Bryan, TX 77803-6948
      View Details
    • $8,700/Mo

      Bryan Commercial Space For Lease

      6000 SF office and shop on 4 acres.
      1720 N Harvey Mitchell Parkway, Bryan, TX 77803-2071
      View Details
    • $3,800/Mo

      Renovated Retail/Office Space in Bryan

      Renovated office or retail building in Historic Downtown Bryan.
      311 N Tabor Avenue unit: 311, Bryan, TX 77803
      View Details
    • $2,000/Mo

      Renovated Retail/Office Space in Bryan

      Historic downtown Bryan retail/office space with plentiful parking.
      309 N Tabor Street N Tabor Street N unit: 309, Bryan, TX 77803
      View Details
    • $17 SF/Yr

      Downtown Bryan Loft Office Space

      Unique loft office space in historic downtown Bryan.
      211 W Wm J Bryan Parkway, Bryan, TX 77803
      View Details
    • Sponsored
      Contact for pricing

      Galleria Village

      1716 Briarcrest Dr, Unit 3RD, Bryan, TX 77802
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - 3,109 SF medical office endcap near St. Joseph Hospital.
    Where is this medical office space located?
    The property is located at 2801 E 29th St Bryan, TX.
    What are key features of this property?
    This property features: 3,109 SF Medical Office Endcap; Located across from St. Joseph Hospital; Bryan, Texas location
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Daniel Powell
    Real Estate License ID: 585304
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!