Medical Office Space with Highway
For Sale
$498,500
101 STATE HWY 21 E, Caldwell, TX 77836
Commercial, Caldwell, TX
Property Size1,467 SF
Lot Size0.25 Acres
Price / SF$339.81
Days on Market593
Property Features for 101 STATE HWY 21 E
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Burleson
Elementary school district
Caldwell
Middle school district
Caldwell
High school district
Caldwell
Directions
Longitude -96.695795, Latitude 30.535251 - From College Station travel East on Hwy 21. Pass thru the red light of Hwy 21 and Hwy 36 and the property sits at the corner of N Main and Hwy 21 E on your right.
Standard status
Active
APN
101 STATE HWY 21 EAST 603
Size
1,467 SF
Lot size
0.25 Acres
Amenities
9 private offices
3 bathrooms
reception area
break room with washer, dryer, and sink
Building Details
Year built
1990
Listing Agency:
Longitude Real Estate
(979) 431-5005
Listed By:
Sarah Ferguson · License #0768171
(979) 204-1152
Added: Feb 21, 2025
Changed: Oct 3
Last Checked: Oct 7 at 12:06AM
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.
Investment Insights
Based on property information with market context.
This 1,467-square-foot medical office property was built in 1990 and is currently occupied by an established chiropractic practice. The interior includes 9 private offices, 3 bathrooms, a reception area, and a break room equipped with a washer, dryer, and sink. The sale includes the chiropractic equipment, furnishings, and client list.
The property occupies 0.25 acres at 101 State Hwy 21 E in Caldwell, with frontage along Highway 21 near the city’s main intersection. It is approximately 1.5 miles from the hospital, about 30 minutes from College Station, and roughly 1.5 hours from Houston and Austin. The property is identified with Burleson zoning and is available by appointment only.
The property occupies 0.25 acres at 101 State Hwy 21 E in Caldwell, with frontage along Highway 21 near the city’s main intersection. It is approximately 1.5 miles from the hospital, about 30 minutes from College Station, and roughly 1.5 hours from Houston and Austin. The property is identified with Burleson zoning and is available by appointment only.
Key Highlights
- 1,467 square feet on a 0.25‑acre site
- Highway 21 frontage near Caldwell’s main intersection
- 9 private offices and 3 bathrooms
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.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road 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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Configured professional suite with private offices, treatment-oriented improvements, and an established chiropractic practice in place.
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 $498,500.
What are key features of this property?
This property features: 1,467 square feet on a 0.25‑acre site; Highway 21 frontage near Caldwell’s main intersection; 9 private offices and 3 bathrooms
