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4.45 AC Covered Redevelopment Site 111 University Dr E 44,818 SF 72% Leased Office Building College Station, TX 77840 For Sale
Executive Summary
• Irreplaceable 4.4542 acre mixed use redevelopment site in College Station, TX.
• Positioned at a primary entrance corridor into Texas A&M University, the largest university in the country (2025 fall enrollment near 80,000 students).
• One lot off the signalized hard corner at University Drive and Texas Avenue - the most recognized and heaviest traveled intersection in the Brazos Valley.
• Rare opportunity to acquire a covered redevelopment site, budgeted NOI from the existing improvement is over $450,000 in 2026.
• Located within the City’s Northeast Gateway Redevelopment Plan, an area targeted for transformative mixed-use and high-density development.
• Immediate proximity to major destination districts including the Northgate District and Century Square.
• Excellent candidate for student housing, retail, mixed-use, hospitality, and other vertical redevelopment concepts.
• High-profile location with exceptional frontage, visibility, and accessibility along the University Drive corridor.
• Positioned at a primary entrance corridor into Texas A&M University, the largest university in the country (2025 fall enrollment near 80,000 students).
• One lot off the signalized hard corner at University Drive and Texas Avenue - the most recognized and heaviest traveled intersection in the Brazos Valley.
• Rare opportunity to acquire a covered redevelopment site, budgeted NOI from the existing improvement is over $450,000 in 2026.
• Located within the City’s Northeast Gateway Redevelopment Plan, an area targeted for transformative mixed-use and high-density development.
• Immediate proximity to major destination districts including the Northgate District and Century Square.
• Excellent candidate for student housing, retail, mixed-use, hospitality, and other vertical redevelopment concepts.
• High-profile location with exceptional frontage, visibility, and accessibility along the University Drive corridor.
Data Room Click Here to Access
- Offering Memorandum
- Utility Maps
- Survey
Property Facts
Sale Type
Investment NNN
Sale Condition
Redevelopment Project
Property Type
Building Size
44,818 SF
Building Class
B
Year Built
1976
NOI
$454,269
Percent Leased
72%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
22,409 SF
Building FAR
0.23
Lot Size
4.45 AC
Opportunity Zone
Yes
Zoning
C3 - general commercial zoning district
Amenities
- Monument Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
-
99,999 SF
- -
-
Lorem Ipsum
- -
Bank of America traces its roots to 1904, when the Bank of Italy was founded and later became part of the lineage that led to the modern company. The current business was formed through the merger of NationsBank and BankAmerica, and the company now serves individuals, small and middle-market businesses, large corporations, and governments with banking, investment management, wealth management, and financial and risk management services. The company also offers digital banking tools, credit cards, lending, and business solutions through a broad set of products designed for personal, commercial, and institutional clients.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Finance and Insurance | 99,999 SF | - | Lorem Ipsum | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste 105
- 2,118 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 201-B
- 8,106 SF
- Office
- Full Build-Out
- Now
- 1st Fl-Ste 205
- 1,629 SF
- Office
- Full Build-Out
- Now
- 2nd Fl-Ste 218
- 2,529 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 105 | 2,118 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 201-B | 8,106 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 205 | 1,629 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 218 | 2,529 SF | Office | - | Now |
1st Fl-Ste 105
| Size |
| 2,118 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 201-B
| Size |
| 8,106 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 205
| Size |
| 1,629 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 218
| Size |
| 2,529 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 83028 | Improvements Assessment | $2,645,588 |
| Land Assessment | $4,850,625 | Total Assessment | $7,496,213 |
Property Taxes
Parcel Number
83028
Land Assessment
$4,850,625
Improvements Assessment
$2,645,588
Total Assessment
$7,496,213
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4.45 AC Covered Redevelopment Site | 111 University Dr E
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