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    Madisonville Commercial Hospitality/Retail Suites Title is generated by Realmo AI

    710 S May Street, Madisonville, TX 77864

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    For Sale
    $875,000

    COMMERCIAL - Madisonville, TX

    Type:Retail
    Property size:
    12,630 SF
    Lot size:
    2.38 Acres
    Price / SF:
    $69/SF
    Added:
    Jan 21, 2026
    Days on Market:
    134
    Last Refresh:
    Jun 4 at 8:06 am

    Property Features for 710 S May Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Zoning
    Madison
    Standard status
    Active
    APN
    710 May 303
    Size
    12,630 SF
    Lot size
    2.38 Acres

    Building Details

    Year built
    1965
    Roof type
    Metal

    We can help!

    Listing Contact
    Zulma Cuevas
    Zulma Cuevas

    Listing agent Zulma Cuevas License #0693167

    Listing office DBL Real Estate 1702 E Main Street, Madisonville, TX

    Listing date Jan 21, 2026

    MLS# 26000761

    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.

    HighLights

    • High‑visibility location on S. Hwy 75 with frontage and a second entrance on South St.
    • Newly renovated and built‑out suites offering flexible food service, vending, and storefront spaces.
    • Currently operating as a successful Pizza Eatery, Biergarten, Retail Clothing and Food Vendor Park.
    • Located in the heart of Madisonville, TX, offering small‑town charm with modern conveniences.
    • Minutes from I‑45 access, centrally located between Palestine and Bryan College Station in the Houston‑Dallas Corridor.
    • Ample square footage suites ideal for customer‑facing businesses seeking interaction and brand exposure.

    Overview

    Located in Madisonville, TX, this commercial property at 710 S May Street features newly renovated hospitality and retail suites. The property offers flexible food service, vending, and storefront spaces suitable for entrepreneurs. It is currently operated as a pizza eatery, biergarten, retail clothing store, and food vendor park. The location benefits from high visibility with frontage on S Hwy 75 (S. May Street) and a second entrance on South St. The property is positioned to attract a regional audience, located minutes from I-45 access in the Houston-Dallas Corridor, centrally located between Palestine and Bryan College Station. The building has 12,630 square feet of space and sits on a 2.38-acre lot. The property is zoned for Madison. The location is suitable for customer-facing businesses seeking customer interaction and brand exposure. The property can continue to operate as is or be recreated to fit a new business model. The property offers a place for food, bar, pool tournaments, live music, games, food trucks, and local goods for sale.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madisonville
    County
    Madison
    State
    Texas
    Longitude
    -95.909825
    Latitude
    30.945693

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    FAQs

    What type of property is this?
    Retail space - Newly renovated hospitality/retail suites in the heart of Madisonville, TX.
    Where is this retail space located?
    The property is located at 710 S May Street Madisonville, TX.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: High‑visibility location on S. Hwy 75 with frontage and a second entrance on South St.; Newly renovated and built‑out suites offering flexible food service, vending, and storefront spaces.; Currently operating as a successful Pizza Eatery, Biergarten, Retail Clothing and Food Vendor Park.
    (936) 348-8388
    We can help!
    Listing Contact
    Zulma Cuevas
    Zulma Cuevas
    Real Estate License ID: 0693167
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    710 S May Street, Madisonville, TX 77864-2564
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