400 2Nd St College Station, TX 77840
This exceptional 21,907 square foot land portfolio, located at 400 & 402 Second Street and 311 & 401 Louise Avenue in College Station, Texas, presents a unique investment opportunity. The property is zoned NG-3 (Northgate Residential), making it ideally suited for high-density student housing development. Its prime location offers unparalleled convenience, with close proximity to Texas A&M University and a variety of amenities and services. The asking price for this exceptional land parcel is $2,738,375. Situated in Brazos County, Texas, with a zip code of 77840, this property boasts an advantageous location (30.6199241, -96.3483975 latitude and longitude) for a development targeting the large student population. The NG-3 zoning designation ensures a streamlined development process, minimizing potential delays and maximizing the return on investment. This is a rare opportunity to acquire a substantial land holding in a high-demand area with significant growth potential. The size and zoning of this property make it an attractive prospect for developers seeking to capitalize on the robust rental market near Texas A&M University. Don't miss this chance to secure a piece of College Station's thriving real estate market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.