Medical Office with Private
101 STATE HWY 21 E, Caldwell, TX 77836
For Sale
$498,300
CommercialSale, Caldwell, TX
Property Size1,467 SF
Price / SF$339.67
Days on Market631
Property Features for 101 STATE HWY 21 E
General Information
Property type
Property subtype
Middle school
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Tenancy & Operations
Currently Operating
Business Included
Additional Details
Property Use
Medical Specialty
Taxes and HOA fees
Tax Description
Legal Description
Amenities
break room
Building Details
Year built
Buildings
Listing Agency:
Longitude Real Estate
(979) 431-5005
Listed By:
Sarah Ferguson · License TX #0768171
(979) 204-1152
Added: Feb 21, 2025
Changed: Nov 9
Last Checked: Nov 13 at 9:06AM
MLS# 25000665
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.
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Investment Insights
Based on property information with market context.
This 1,467-square-foot medical office in Caldwell is configured with 9 private offices, 3 bathrooms, a reception area, and a break room equipped with a washer, dryer, and sink. The property currently houses a chiropractic practice, and the sale includes chiropractic equipment, furnishings, and a client list. Built in 1990, the building offers an existing professional-office layout.
The property fronts State Hwy 21 near Caldwell’s main intersection and is approximately 1.5 miles from the hospital. College Station is roughly 30 minutes away, while Houston and Austin are each within approximately 1.5 hours.
The property fronts State Hwy 21 near Caldwell’s main intersection and is approximately 1.5 miles from the hospital. College Station is roughly 30 minutes away, while Houston and Austin are each within approximately 1.5 hours.
Key Highlights
- 1,467 square feet with 9 private offices and 3 bathrooms
- Reception area and break room with washer, dryer, and sink
- Chiropractic equipment, furnishings, and client list included in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,293
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,860
$385.9K
Cap Rate 7%
$275,614
$275.6K
Cap Rate 9%
$214,367
$214.4K
Market Conditions
NOI Build-Up for 1,467 SF
Gross rent
$30.8K $21.00/SF
− Vacancy
−$5.1K −$3.47/SF
EGI
$25.7K $17.54/SF
− OpEx
−$6.4K −$4.38/SF
NOI
$19.3K $13.15/SF
Area
Burleson County, TX
Vacancy
16.50%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,860
Cap Rate 7%
$275,614
Cap Rate 9%
$214,367
Alternative Uses
Best Use
Office B
$275.6K
$241.2K – $321.6K
NOI $19,293 @ 7.0% cap · market cap 3.87%
Second Best
Healthcare Medical
$244.4K
$213.9K – $285.2K
NOI $17,111 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$361.2K
$316.1K – $421.4K
NOI $25,286 @ 7.0% cap · market cap 5.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
473
Businesses Nearby
Under-served
Demand for This Use
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
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Caldwell Veterinary Clinic — 845 Presidential Corridor E, Caldwell, TX 77836
Frequently Asked Questions
What type of property is this?
Medical Office Space - An established chiropractic practice occupies a functional professional setting with highway frontage and included equipment and furnishings.
Where is this medical office space located?
The property is located at 101 STATE HWY 21 E Caldwell, TX.
What is the asking price?
The asking price for this property is $498,300.
What are key features of this property?
This property features: 1,467 square feet with 9 private offices and 3 bathrooms; Reception area and break room with washer, dryer, and sink; Chiropractic equipment, furnishings, and client list included in the sale
