Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Main St Calvert, TX 77837

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $499,000

    Historic Downtown Calvert, TX - Multi-Use Property

    Property Features for Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1868

    We can help!

    Listing Contact
    Carla Barker

    Listing Agency: Heartland Properties Listing Agent: Carla Barker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This unique 1868 building in downtown Calvert, Texas, presents an exceptional investment opportunity. Situated on SH 6, it benefits from a prime location in the "golden triangle" between Texas A&M and Baylor Universities. Currently undergoing renovations, the property features a newly engineered and supervised steel-supported frame, complete with fire barriers and a sprinkler system. Two electric meters and partially completed plumbing are already in place. The flexible design allows for a variety of uses, including an event venue, a mixed-use space (business downstairs, living upstairs), an AirBnB, a restaurant, a retail shop, or office/commercial lease space. The building's versatility is further enhanced by a breezy balcony overlooking the historic downtown area. A stair/chair lift is included for accessibility. The 0.13-acre lot provides ample space for this multi-functional property. The building's existing renovations provide a solid foundation for a future owner to complete the project and realize its significant potential. The asking price is $499,000. This is a rare chance to acquire a historic building with modern upgrades in a thriving Texas town. The property is ready for a visionary owner to bring its unique character and potential to life.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Calvert
    County
    Robertson
    State
    Texas
    Longitude
    -96.67787
    Latitude
    30.98284

    Nearby Similar for Sale

    • $315,000
      2,600 SF

      Farmhouse on 2 Acres Near Calvert

      Farm property with rental income potential near Calvert, Texas.
      9523 West Farm To Market 1644, Calvert, TX 77837
      View Details
    • $350,000
      2,250 SF

      Highway Frontage Commercial Investment Opportunity

      One-acre commercial property with highway frontage and restaurant infrastructure.
      1621 S Main St, Calvert, TX 77837
      View Details
    • $75,000
      0.40 Acres

      Tenant-Occupied Income Property in Calvert, TX

      Four tenant-occupied buildings on one property, ideal for rental income.
      304 W Burnett St, Calvert, TX 77837
      View Details
    • $575,760

      Horse Farm or Cattle Ranch

      47.98 acres suitable for horse farm or cattle ranch.
      0000 Fm 1644, Calvert, TX 77837
      View Details
    • $213,800

      21.38 Acres Ranch/Horse Farm

      21.38 acres suitable for cattle ranch or horse farm.
      1111 Luu Rd, Calvert, TX 77837
      View Details
    • $299,900

      Expansive Central Texas Acreage

      33.955 acres in Central Texas, ideal for recreation.
      00 S Tidwell Prairie Rd, Calvert, TX 77837
      View Details
    • $575,760

      Horse Farm or Cattle Ranch

      47.98 acres suitable for horse farm or cattle ranch.
      0000 Fm 1644, Calvert, TX 77837
      View Details
    • $2,120,000

      Brazos River Frontage Farm

      Farm with Brazos River frontage and recreational opportunities.
      212 Ac Black Brg Rd, Calvert, TX 77837
      View Details
    • $365,000
      0.10 Acres

      Historic Calvert Commercial Building

      Texas landmark, 1870s charm, investment opportunity.
      Main St, Calvert, TX 77837
      View Details
    • $600,000
      0.39 Acres

      Historic Calvert Commercial Property

      Texas landmark, 7570 sq ft, high traffic.
      Main St, Calvert, TX 77837
      View Details
    • $250,000
      3,250 SF

      Calvert, TX Retail Duo

      Two buildings, high-traffic location. Great investment!
      304 Main St, Calvert, TX 77837
      View Details
    • $250,000
      0.75 Acres

      Calvert, TX Commercial Duo

      High-traffic retail buildings, great potential.
      Main St, Calvert, TX 77837
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Historic Downtown Calvert, TX - Multi-Use Property
    Where is this commercial real estate located?
    The property is located at Main St Calvert, TX.
    What is the asking price?
    The asking price for this property is $499,000.
    (979) 224-0632
    Request Owner's contact information
    Main St Calvert, TX 77837
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Main St
    Calvert, TX 77837
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Main St Calvert, TX 77837
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Carla Barker
    (979) 224-0632 (979) 364-2260
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!