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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3514 Longmire Dr College Station, TX 77845-5270

    • Commercial land
    • 1.26 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US82-3604927
    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 land

    Property Details for 3514 Longmire Dr

    Lot size
    1.26 lot acres
    Property type
    Commercial land
    APN
    126100-0203-0050
    APU
    12610002030050

    Description

    This exceptional 3.07-acre commercial land parcel in College Station, Texas, presents a unique investment opportunity. Located at 3514 Longmire Dr, 77845, this property boasts a prime location between St. Joseph Regional Health Center and State Highway 6, ensuring high visibility and accessibility. The flat to gently sloping terrain is ready for development, with all public utilities readily available, including 12” and multiple 8” CSU water lines, an 8” CSU sanitary sewer line, and ample storm water capacity via the nearby St. Joseph Regional Health Care detention facility. Zoned GC (General Commercial) and PDD (Planned Development District), this land is ideal for various commercial or medical uses. Two existing shared driveways provide convenient ingress and egress to Longmire Drive. The high-traffic area benefits from significant daily vehicle counts: Longmire Drive (10,335 VPD), Rock Prairie Road (19,614 VPD), and State Highway 6 (68,913 VPD). APN: 105324, 105325. The asking price is $1,200,000, with a land value of $8.97 per square foot. This is the last remaining undeveloped parcel in this highly desirable area. Don't miss this chance to acquire a strategically positioned commercial property with significant development potential.

    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
    College Station
    County
    Brazos
    State
    Texas
    Longitude
    -96.2874
    Latitude
    30.5824
    CBSA code
    17780
    CBSA name
    COLLEGE STATION-BRYAN, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,069
    $268,937
    $0.00
    $268,937
    -
    $268,937
    $0.00
    $268,937

    Comparable in this City

    • Value Estimation by Request
      1.35 Acres

      900 Arrington Rd

      VACANT COMMERCIAL LAND • 1.35 Acres
      900 Arrington Rd, College Station, TX 77845-8672
      View Details
    • Value Estimation by Request
      4.89 Acres

      8390 Turkey Crk Rd

      VACANT COMMERCIAL LAND • 4.89 Acres
      8390 Turkey Crk Rd, Bryan, TX 77845-8020
      View Details
    • Value Estimation by Request
      1.25 Acres

      Holleman Dr

      VACANT COMMERCIAL LAND • 1.25 Acres
      Holleman Dr, College Station, TX 77845
      View Details
    • Value Estimation by Request
      1.10 Acres

      6001 Imperial Loop

      VACANT COMMERCIAL LAND • 1.10 Acres
      6001 Imperial Loop, College Station, TX 77845-7764
      View Details
    • Value Estimation by Request
      16.16 Acres

      Research Pkwy

      VACANT COMMERCIAL LAND • 16.16 Acres
      Research Pkwy, College Station, TX 77845
      View Details
    • Value Estimation by Request
      2.18 Acres

      Royder Rd

      VACANT COMMERCIAL LAND • 2.18 Acres
      Royder Rd, College Station, TX 77845
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      College Station Land Opportunity

      Prime land near Texas A&M, ideal for development.
      Hopes Creek Rd, College Station, TX 77845
      View Details
    • $488,750
      0.66 Acres

      Commercial Land in College Station

      Cleared 0.66-acre commercial land with utilities in College Station, TX.
      Tbd Off Private Dr -, College Station, TX 77845
      View Details
    • $1,443,000

      Cleared Land in College Station

      4.14 acres of cleared land with utilities on site.
      Tbd William D Fitch - Tract 7, College Station, TX 77845
      View Details
    • $488,760

      Commercial Land in College Station

      Cleared 0.66-acre commercial land with utilities on site.
      Tbd Off Private Dr, College Station, TX 77845
      View Details
    • $850,000
      1.90 Acres

      Prime Land on Harvey Road

      1.895 acres of commercial land in a central location.
      3305 Harvey Rd, College Station, TX 77845
      View Details
    • $670,000
      1.18 Acres

      Cleared Land Ready For Development

      1.181 acre commercial land for sale in College Station, TX.
      Tbd Castlegate Pkwy William D Fitch -, College Station, TX 77845
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      36,000 SF

      Hwy 30 Commercial Land Opportunity

      Prime College Station land for lease.
      30 & Bird Pond Rd, College Station, TX 77845
      View Details
    • Contact for pricing
      48,352 SF

      College Station Commercial Land

      1.11 Acres, Build-to-Suit Opportunity
      1103 Rock Prairie Rd, College Station, TX 77845
      View Details
    • $25 SF/Yr
      11,953 SF

      Holleman Crossing Retail Space

      College Station restaurant space available.
      3004 Holleman Dr, College Station, TX 77845
      View Details
    • Contact for pricing
      166,450 SF

      Highway 30 Business Park: Prime Space

      Modern Industrial Space for Lease in College Station
      11400 Sh 30, College Station, TX 77845
      View Details
    • $18 SF/Yr
      2,700 SF

      Prime Bryan/College Station Office Space

      2,700 sq ft Office, Single Tenant, Excellent Location
      3030 University Dr, College Station, TX 77845
      View Details
    • $25 SF/Yr
      1,000 SF

      Retail End-Cap Lease Space

      1,000 SF retail space available for lease.
      5701 Raymond Stotzer Pkwy, College Station, TX 77845
      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.
    3514 Longmire Dr
    College Station, TX 77845-5270
    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.