Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1756 Harvey Mitchell Pkwy Bryan, TX 77803

    • Commercial real estate
    • 8.54 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-7789711
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1756 Harvey Mitchell Pkwy

    Lot size
    8.54 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 8.54-acre commercial land parcel presents a unique investment opportunity in Bryan, Texas. Situated at 1756 N Harvey Mitchell Pkwy, this property boasts excellent visibility and high traffic counts due to its location just north of Highway 21 on FM 2818. The strategic location provides quick access to both Highway 21 and Highway 6, ensuring convenient transportation for businesses and customers. All utilities are readily available, simplifying development and operational costs. Currently zoned Ag-Open, this versatile land is ideal for a wide range of commercial uses, offering significant potential for future growth and development. The property is priced at $738,972, translating to $86,632 per acre, reflecting its prime location and development potential. Located in Brazos County, Texas, with a 77803 zip code, this property offers a compelling combination of accessibility, visibility, and zoning flexibility, making it an attractive proposition for discerning investors and developers. The property's latitude and longitude coordinates are 30.6821782 and -96.375799 respectively.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bryan
    County
    Brazos
    State
    Texas
    Longitude
    -96.375799
    Latitude
    30.6821782

    Comparable in this City

    • $888,624
      2.04 Acres

      Bryan, TX Commercial Land - Hwy 6 Frontage

      2-Acre Commercial Tract, Hwy 6 Access
      0000 Earl Rudder Fwy, Bryan, TX 77803
      View Details
    • $145,000
      0.42 Acres

      Residential Lot in Bryan, TX

      0.42 acre lot near Historic Downtown Bryan.
      1111 Boulevard St, Bryan, TX 77803
      View Details
    • $135,000
      0.73 Acres

      Bryan, TX Undeveloped Urban Parcel

      0.73-acre rectangular parcel in Bryan, TX, ideal for development.
      1923 Lightfoot Ln, Bryan, TX 77803
      View Details
    • $200,000

      Commercial Land Near Downtown Bryan

      Vacant commercial lots with high traffic and visibility.
      904 North Texas Ave, Bryan, TX 77803
      View Details
    • Contact for pricing

      Bryan Industrial Property with Yard

      3-acre yard with 6000 SF office/shop near TAMU.
      1720 North Harvey Mitchell Pkwy, Bryan, TX 77803
      View Details
    • $150,000
      0.48 Acres

      Commercial Land with Development Potential

      High-visibility commercial land near Highway 6 with development potential.
      2007 Nuches Ln, Bryan, TX 77803
      View Details

    Similar Nearby for Sale

    • $888,624
      2.04 Acres

      Bryan, TX Commercial Land - Hwy 6 Frontage

      2-Acre Commercial Tract, Hwy 6 Access
      0000 Earl Rudder Fwy, Bryan, TX 77803
      View Details
    • $145,000
      0.42 Acres

      Residential Lot in Bryan, TX

      0.42 acre lot near Historic Downtown Bryan.
      1111 Boulevard St, Bryan, TX 77803
      View Details
    • $135,000
      0.73 Acres

      Bryan, TX Undeveloped Urban Parcel

      0.73-acre rectangular parcel in Bryan, TX, ideal for development.
      1923 Lightfoot Ln, Bryan, TX 77803
      View Details
    • $200,000

      Commercial Land Near Downtown Bryan

      Vacant commercial lots with high traffic and visibility.
      904 North Texas Ave, Bryan, TX 77803
      View Details
    • Contact for pricing

      Bryan Industrial Property with Yard

      3-acre yard with 6000 SF office/shop near TAMU.
      1720 North Harvey Mitchell Pkwy, Bryan, TX 77803
      View Details
    • $150,000
      0.48 Acres

      Commercial Land with Development Potential

      High-visibility commercial land near Highway 6 with development potential.
      2007 Nuches Ln, Bryan, TX 77803
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,080 SF

      Culpepper North Retail Space

      Bryan, TX Retail Opportunity: 11,080 SF Available
      2001 Tx-21, Bryan, TX 77803
      View Details
    • $24 SF/Yr
      6,000 SF

      Downtown Bryan Office/Retail Space

      Historic Bryan, TX: 1,400 SF Office Available
      212 Main St, Bryan, TX 77803
      View Details
    • $28 SF/Yr
      8,000 SF

      631 Harvey Mitchell Pkwy

      Retail properties • 8,000 SF
      631 Harvey Mitchell Pkwy, Bryan, TX 77803
      View Details
    • $0.88 SF/Yr
      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
    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.
    1756 Harvey Mitchell Pkwy
    Bryan, TX 77803
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.