Self Storage Facility with RV
For Sale
$475,000
1144 STATE HWY 36, Caldwell, TX 77836
CommercialSale, Caldwell, TX
Property Size3,300 SF
Lot Size2.23 Acres
Price / SF$143.94
Days on Market299
Property Features for 1144 STATE HWY 36
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
One To Three Acres, Outside City Limits
Directions
ST HWY 36 N or coming off of Hwy 21, take Hwy 36 N and property is on your right.
Standard status
Active
APN
12257
Size
3,300 SF
Lot size
2.23 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
A0054 RUIZ F 2.232 ACRES
Legal Description
A0054 RUIZ F 2.232 ACRES
Utilities
Sewer type
Septic Tank
Water source
Well, Private
Amenities
laundry room
shower and bathroom
well
Building Details
Year built
2022
Floors in Building
1
Flooring type
Concrete
Building materials
MetalFrame
Roof type
Metal
Listing Agency:
All City Real Estate Ltd. Co
(866) 277-6005
Listed By:
Christine Gordon · License #0480316
(254) 371-2773
Added: Nov 19, 2025
Changed: Aug 20
Last Checked: Sep 14 at 3:06AM
MLS# 598349
Copyright © 2026 Central Texas Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This self-storage and RV property spans approximately 2.232 acres and includes 27 all-metal storage units, each measuring 10 X 10, plus 12 RV spaces. The storage units were built in 2022 and are reported at 80% occupancy. RV electrical service includes four 50-amp connections and eight 30-amp connections.
Common-area improvements include a laundry room with four washer and four dryer connections, along with separate shower and bathroom facilities for resident use. The combined common areas measure approximately 380 square feet. A private well supplies water, and the property uses a septic tank. Approximately 100 feet of frontage along ST HWY 36 N provides the entrance. Two residential homes convey with the property and require renovation or removal.
Common-area improvements include a laundry room with four washer and four dryer connections, along with separate shower and bathroom facilities for resident use. The combined common areas measure approximately 380 square feet. A private well supplies water, and the property uses a septic tank. Approximately 100 feet of frontage along ST HWY 36 N provides the entrance. Two residential homes convey with the property and require renovation or removal.
Key Highlights
- 27 all‑metal storage units, each measuring 10 X 10
- 12 RV spaces with four 50‑amp and eight 30‑amp connections
- Storage units built in 2022 with 80% occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,657
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$633,140
$633.1K
Cap Rate 7%
$452,243
$452.2K
Cap Rate 9%
$351,744
$351.7K
Market Conditions
NOI Build-Up for 3,300 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$60.6K $18.36/SF
− Vacancy
−$3.0K −$0.92/SF
EGI
$57.6K $17.44/SF
− OpEx
−$25.9K −$7.85/SF
NOI
$31.7K $9.59/SF
Area
Burleson County, TX
Vacancy
5.00%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$633,140
Cap Rate 7%
$452,243
Cap Rate 9%
$351,744
Alternative Uses
Best Use
Apartment 5plus
$452.2K
$395.7K – $527.6K
NOI $31,657 @ 7.0% cap · market cap 6.66%
Second Best
Self Storage
$409.5K
$358.3K – $477.7K
NOI $28,662 @ 7.0% cap · market cap 6.03%
Theoretical Best
Office A
$812.6K
$711.0K – $948.0K
NOI $56,881 @ 7.0% cap · market cap 11.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
80%
Occupancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Explore this area
Business Placement
Demographics for 77836, TX
11,721
Population
5,990
Households
2
Avg Household Size
45
Median Age
22%
College-Educated
86%
High-School Grad
431.1 sq mi
ZIP Area
27
Density / Sq Mi
$79,567
Median Household Income
$45,291
Median Earnings
$869
Median Rent
$199,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - Metal storage units and RV accommodations include shared laundry, shower, and bathroom facilities.
Where is this self storage facility located?
The property is located at 1144 STATE HWY 36 Caldwell, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 27 all‑metal storage units, each measuring 10 X 10; 12 RV spaces with four 50‑amp and eight 30‑amp connections; Storage units built in 2022 with 80% occupancy
