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    Newly Built Flex Industrial Building Title is generated by Realmo AI

    1229 State Highway 36 N, Caldwell, TX 77836

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    For Sale
    $1,490,000

    New construction flex building with highway frontage and multiple roll-up doors for versatile industrial, office, or retail use.

    Property size:
    6,000 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $248/SF
    Added:
    Apr 7, 2026
    Days on Market:
    92
    Last Refresh:
    Jul 1 at 4:25 am

    Property Features for 1229 State Highway 36 N

    General Information

    Standard status
    Active
    Size
    6,000 SF
    Lot size
    2.00 Acres

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    Pamela Payonk

    Listing office Armstrong Properties

    Listing date Apr 7, 2026

    Source Exprealty

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

    All listing content including descriptions, pricing, images are the copyrighted material of Armstrong Properties

    HighLights

    • Newly constructed 6,000 SF flex building on 2 acres with 435 ft of highway frontage
    • Located one mile from the Hwy 21 & Hwy 36 intersection (33,566 ADT) on a major thoroughfare to Austin, College Station, Brenham and Houston
    • Equipped with 3 roll‑up doors: two 12' doors on the north end and one 14' door, plus an additional 14' roll‑up door on the south end
    • 14' clearance through the building with roll‑up door access for entry and exit
    • Open interior layout with 2 bathrooms and a kitchenette, plus numerous front windows and an awning
    • City of Caldwell water & sewer, Entergy electricity; concrete parking lot with pipe fencing and an entrance gate

    Overview

    This newly constructed 6,000-square-foot flex/industrial building is set on 2 acres and designed for multiple operating styles. The interior is primarily open space and includes two bathrooms and a kitchenette. On the front side, numerous windows and an awning help support lighted storefront-style presence, while exterior perimeter lighting is installed on the building.

    Access and ingress are supported by three roll-up doors on the North end—two 12' doors and one 14' door—plus a 14' interior roll-up door and a 14' roll-up door on the South end. With 14' clearance through the building, the layout supports straight-through movement for loading and unloading. The site offers 435 feet of highway frontage and is located about one mile from the intersection of Hwy 21 & Hwy 36, where the annual average daily vehicle count is listed as 33,566. A concrete parking lot and pipe fencing with a gate at the entrance are also provided.

    The property is served by City of Caldwell water & sewer and Entergy electricity. It presents a practical option for tenants seeking a combined industrial and office or retail environment with roll-up access and an open interior plan. Please note that the cars and lift are listed as for sale but do not convey with the listed sales price.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $126.0k $21.00
    − Vacancy −$20.8k −$3.47
    EGI $105.2k $17.54
    − OpEx −$26.3k −$4.38
    NOI $78.9k $13.15
    6,000 SF · lease $21.00/SF/yr · vacancy 16.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.13M
    $986.4K – $1.32M (±1% cap)
    NOI $78,908 @ 7.0% cap · market cap 5.30%
    Second Best
    Retail
    $927.4K
    $811.4K – $1.08M (±1% cap)
    NOI $64,915 @ 7.0% cap · market cap 4.36%
    Theoretical Best
    Office A
    $1.48M
    $1.29M – $1.72M (±1% cap)
    NOI $103,421 @ 7.0% cap · market cap 6.94%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Gym & Fitness Center Skin Care Clinic HVAC Service Cafe & Coffee Shop Clothing & Fashion Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store Building Supply Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Caldwell
    County
    Burleson
    State
    Texas
    Longitude
    -96.703571
    Latitude
    30.542961

    FAQs

    What type of property is this?
    Flex space - New construction flex building with highway frontage and multiple roll-up doors for versatile industrial, office, or retail use.
    Where is this flex space located?
    The property is located at 1229 State Highway 36 N Caldwell, TX.
    What is the asking price?
    The asking price for this property is $1,490,000.
    What are key features of this property?
    This property features: Newly constructed 6,000 SF flex building on 2 acres with 435 ft of highway frontage; Located one mile from the Hwy 21 & Hwy 36 intersection (33,566 ADT) on a major thoroughfare to Austin, College Station, Brenham and Houston; Equipped with 3 roll‑up doors: two 12' doors on the north end and one 14' door, plus an additional 14' roll‑up door on the south end
    More about this property
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