Highway-Front
For Sale
$335,000
1621 S Main Street, Calvert, TX 77837
COMMERCIAL - Calvert, TX
Property Size2,250 SF
Lot Size1.00 Acre
Price / SF$148.89
Days on Market56
Property Features for 1621 S Main Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Robertson
Elementary school district
Calvert
Middle school district
Calvert
High school district
Calvert
Directions
On State Highway 6, south of Calvert less than one mile; 1621 S. Main Street.
Standard status
Active
APN
1621 Main 202
Size
2,250 SF
Lot size
1.00 Acre
Amenities
central heat & air
fireplace
metal roof
high ceilings
wood floors
wood columns
windows
wood porch
private office
retail space
Building Details
Year built
2011
Listing Agency:
Polansky Realty
(979) 567-3508
Listed By:
Brenda Van De Walle
(979) 567-8910
Added: Jun 29
Changed: Aug 4
Last Checked: Aug 23 at 12:06PM
MLS# 26008686
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 2,250-square-foot restaurant property sits on 1 acre and was built in 2011. Improvements include a commercial kitchen with a vent hood, walk-in cooler, service bar, and built-in BBQ smoker. The building also offers central heat and air, a fireplace, high ceilings, wood floors, wood columns, windows, a wood porch, a private office, and dedicated retail space. Electrical, plumbing, and septic systems have received upgrades.
Located at 1621 S Main Street in Calvert, the property has 378 feet of frontage along State Highway 6 and is within the city limits. It is less than one mile from central Calvert and next to the Calvert Auction Barn. The site includes an extra-large lighted sign, parking for vehicles, large trucks, and trailers, and space that can accommodate events. Zoning is Robertson.
Located at 1621 S Main Street in Calvert, the property has 378 feet of frontage along State Highway 6 and is within the city limits. It is less than one mile from central Calvert and next to the Calvert Auction Barn. The site includes an extra-large lighted sign, parking for vehicles, large trucks, and trailers, and space that can accommodate events. Zoning is Robertson.
Key Highlights
- 1 acre with 2,250 square feet of restaurant space
- 378 feet of frontage along State Highway 6
- Commercial kitchen with vent hood, walk‑in cooler, service bar, and built‑in BBQ smoker
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,401
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$568,020
$568.0K
Cap Rate 7%
$405,729
$405.7K
Cap Rate 9%
$315,567
$315.6K
Market Conditions
NOI Build-Up for 2,250 SF
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.
Gross rent
$40.5K $18.00/SF
− Vacancy
−$2.6K −$1.17/SF
EGI
$37.9K $16.83/SF
− OpEx
−$9.5K −$4.21/SF
NOI
$28.4K $12.62/SF
Area
Robertson County, TX
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$568,020
Cap Rate 7%
$405,729
Cap Rate 9%
$315,567
Alternative Uses
Best Use
Specialty Retail
$405.7K
$355.0K – $473.4K
NOI $28,401 @ 7.0% cap · market cap 8.48%
Second Best
Industrial
$216.9K
$189.8K – $253.0K
NOI $15,181 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$554.0K
$484.8K – $646.4K
NOI $38,783 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77837, TX
1,362
Population
865
Households
1.6
Avg Household Size
49
Median Age
30%
College-Educated
80%
High-School Grad
117.8 sq mi
ZIP Area
12
Density / Sq Mi
$66,250
Median Household Income
$44,167
Median Earnings
$913
Median Rent
$113,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with a commercial kitchen, office, retail area, and event-capable parking.
Where is this conventional restaurant located?
The property is located at 1621 S Main Street Calvert, TX.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 1 acre with 2,250 square feet of restaurant space; 378 feet of frontage along State Highway 6; Commercial kitchen with vent hood, walk‑in cooler, service bar, and built‑in BBQ smoker
