17377 State Highway 36 S Somerville, TX 77879
COMMERCIAL - Somerville, TX
Property Features for 17377 State Highway 36 S
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- Burleson
- Standard status
- Active
- APN
- 17377 State Highway 36 603
- Size
- 1,782 SF
- Lot size
- 0.25 Acres
Building Details
- Year built
- 1950
Listing agent Ryan Flencher (713) 444-9836
Listing office Gooch Flencher Real Estate 1095 Evergreen Circle Ste 200, The Woodlands, TX (713) 444-9836
Listing date May 20, 2026
Copyright © 2026 Bryan-College Station Regional MLS. 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.
Key Highlights
- Prime commercial location on State Highway 36.
- Outstanding visibility at the town's only signalized four‑way intersection.
- High traffic exposure on a major corridor (SH 36).
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.2k | $10.20 |
| − Vacancy | −$1,000 | −$0.56 |
| EGI | $17.2k | $9.64 |
| − OpEx | −$5.2k | −$2.89 |
| NOI | $12.0k | $6.75 |
