Versatile Commercial Property in
405 N Johnston Street Caldwell, TX 77836
405 N Johnston Street, Caldwell, TX, 77836
$275,000
For Sale
$275,000
COMMERCIAL - Caldwell, TX
Property Size1,836 SF
Lot Size0.14 Acres
Price / SF$149.78
Days on Market98
Property Features for 405 N Johnston Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Burleson
- Standard status
- Active
- APN
- 405 Johnston 603
- Size
- 1,836 SF
- Lot size
- 0.14 Acres
Building Details
- Year built
- 2010
- Flooring type
- Concrete
- Roof type
- Metal
Listing agency
Home & Ranch Real Estate
(979) 272-1759
Listed by
Melinda Scott · License #0527396
(979) 272-1759
Added: Apr 16 Updated: May 13 at 3:17AM Checked: Jul 22 at 9:06AM
MLS# 26004722
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.
Located in Caldwell, this commercial property presents an opportunity for business owners, investors, and entrepreneurs. The property includes a metal building designed for functionality and durability, featuring two large roll-up garage doors for vehicle and equipment access. The interior has high ceilings, exposed beams, bright overhead lighting, and ceiling fans, creating a comfortable workspace. Custom wooden shelving along one wall enhances organization and storage. A wide concrete driveway allows for parking and smooth ingress and egress. The attached covered side area expands usable space for additional storage or equipment staging. The property includes a fully integrated 1 bedroom, 1 bath living quarters with a kitchen and living area, suitable for an on-site manager, employee housing, or short-term rental. A utility area with sink and washer/dryer hookups adds convenience. The property is suitable for a workshop, small business headquarters, contractor use, or mixed-use investment. The lot size is 0.139 acres and the property size is 1836 square feet.
Key Highlights
- Versatile commercial property for business owners, investors, or entrepreneurs.
- Features a fully integrated 1 bedroom, 1 bath living quarters with kitchen and living area.
- Metal building with two large roll‑up garage doors for easy access.
Local Financial Insights For Flex RnD
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 | $27.5k | $15.00 |
| − Vacancy | −$1.9k | −$1.05 |
| EGI | $25.6k | $13.95 |
| − OpEx | −$9.0k | −$4.88 |
| NOI | $16.6k | $9.07 |
1,836 SF · lease $15.00/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$237.8K
$208.1K – $277.5K
NOI $16,648 @ 7.0% cap · market cap 6.05%
Second Best
Warehouse
$191.0K
$167.1K – $222.9K
NOI $13,371 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$452.1K
$395.6K – $527.5K
NOI $31,647 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flexible commercial space with living quarters in a convenient location.
Where is this flex space located?
The property is located at 405 N Johnston Street Caldwell, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Versatile commercial property for business owners, investors, or entrepreneurs.; Features a fully integrated 1 bedroom, 1 bath living quarters with kitchen and living area.; Metal building with two large roll‑up garage doors for easy access.
