State Highway 21 Caldwell, TX 77836
This exceptional commercial property, situated on nearly one acre along State Highway 21 in Caldwell, Texas, presents a unique investment opportunity. The 9,440 square foot building boasts a versatile layout ideal for a variety of uses, including commercial, industrial, and storage. The property includes 800 square feet of finished office space, an additional 1,800 square feet of finished area with a meeting room and restrooms, and a substantial 6,840 square feet of heated, open warehouse space. Renovated in 2022, the building features a 27% office finish ratio, red iron construction, insulated walls, and a comprehensive HVAC system. Five 14x14 overhead doors and 16-foot eves offer flexibility, allowing for potential division into multiple units. The open warehouse space benefits from foam insulation and 16-foot exterior walls. Conveniently located just 2.5 miles from the intersection of Highways 21 and 36, this property enjoys excellent visibility and accessibility. The property is outside city limits with no zoning restrictions. Utilities include a water well with an aerobic septic system, three-phase power, and fiber internet access readily available off Highway 21. Currently owner-occupied, the business operating on the site is not included in the sale
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.