1651 Rock Prairie RdCollege Station, TX 77845

  • Commercial real estate
  • 7,380 SF
For Lease
$21/SF/YR View listing

Property Details for 1651 Rock Prairie Rd

Year built
2008
Construction
STEEL FRAME
Lot size
3.02 AC
Property size (Sq ft)
7,380 SF
Property type
Commercial real estate
APN
538850-0001-0020
APU
53885000010020

Description

This exceptional 48,575 square foot office building, located at 1651 Rock Prairie Road in College Station, Texas, presents a prime opportunity for businesses seeking flexible and modern workspace. Built in 2006, the property offers a variety of suite sizes, with a minimum divisible space of 152 square feet and a maximum contiguous space of 5,300 square feet, catering to diverse business needs. Currently, there are 14,320 square feet of vacant space available for lease within this six-suite building, situated on a generous 3.02-acre lot. The building's design incorporates ample parking, providing a convenient 4.0 spaces per 1,000 square feet. The property's traditional office layout is complemented by executive suite options, ensuring a professional and efficient work environment. Its Brazos County location, identified by APN 102047, offers excellent accessibility and visibility. This multi-tenant building provides a blend of flexibility and established infrastructure, making it an ideal location for businesses of all sizes seeking a well-maintained and conveniently located office space in College Station. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,299,240
    6.5%
    $2,122,380
    7%
    $1,970,780
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,393,930
    Geo Method
    $2,209,500
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $4,297,720
    Retail / Commercial
    $2,180,510
    Mixed-Use / Specialty
    $2,154,340
    Hospitality / Lodging
    $1,556,620
    Office
    $2,122,380
    Institutional / Educational
    $2,233,070
    Residential Income
    $2,612,690
    Multifamily
    $3,235,500
    Automotive / Energy
    $1,914,060
    Parking / Income-Based Land
    $678,692
    Restaurant / Food Service
    $1,081,230
    Healthcare / Senior Housing
    $2,228,100

Location Insight

City
Bryan
County
Brazos
State
Texas
Latitude
30.5837
Longitude
-96.29
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
$138,345
$1,289,200
$4,828,736
$6,117,936
-
$1,289,200
$4,828,736
$6,117,936

FAQs

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