Highway-Frontage Mixed-Use
1707 State Hwy 21 W, Caldwell, TX 77836
For Sale
$560,000
Pending
CommercialSale, Caldwell, TX
Property Size3,000 SF
Lot Size0.39 Acres
Days on Market128
Property Features for 1707 State Hwy 21 W
General Information
Property type
Property subtype
Parking
Middle school
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Currently Operating
Taxes and HOA fees
Tax Description
Legal Description
Building Details
Year built
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Home & Ranch Real Estate
(979) 272-1759
Listed By:
Melinda Scott · License TX #0527396
(979) 574-9228
Added: Jul 6
Changed: Nov 9
Last Checked: Nov 10 at 3:06AM
MLS# 26008743
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.
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Investment Insights
Based on property information with market context.
Built in 2018, this 3,000-square-foot mixed-use property sits on 0.39 acres along State Hwy 21 in Caldwell. Its interior includes a lobby, showroom and training area, administrative office, treatment rooms, testing rooms, janitorial closet, two restrooms, kitchen and dining space. Much of the building is open span, with flexibility for further division. The property is currently used for cosmetology training, state testing, barber services and a full-service restaurant.
State Hwy 21 frontage provides access for traffic in both directions. The location records daily traffic counts exceeding 17,000. Two portable buildings on the property are excluded from the sale.
State Hwy 21 frontage provides access for traffic in both directions. The location records daily traffic counts exceeding 17,000. Two portable buildings on the property are excluded from the sale.
Key Highlights
- 3,000‑square‑foot building on 0.39 acres
- Constructed in 2018
- State Hwy 21 frontage with daily traffic counts exceeding 17,000
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,868
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,360
$757.4K
Cap Rate 7%
$540,971
$541.0K
Cap Rate 9%
$420,756
$420.8K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$54.0K $18.00/SF
− Vacancy
−$3.5K −$1.17/SF
EGI
$50.5K $16.83/SF
− OpEx
−$12.6K −$4.21/SF
NOI
$37.9K $12.62/SF
Area
Burleson 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 Rate 5%
$757,360
Cap Rate 7%
$540,971
Cap Rate 9%
$420,756
Alternative Uses
Best Use
Specialty Retail
$541.0K
$473.4K – $631.1K
NOI $37,868 @ 7.0% cap · market cap 6.76%
Second Best
Mixed Use
$468.0K
$409.5K – $546.0K
NOI $32,760 @ 7.0% cap · market cap 5.85%
Theoretical Best
Office A
$738.7K
$646.4K – $861.8K
NOI $51,710 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
17,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The multi-tenant interior includes open-span areas that can be divided to suit different configurations.
Where is this mixed-use property located?
The property is located at 1707 State Hwy 21 W Caldwell, TX.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: 3,000‑square‑foot building on 0.39 acres; Constructed in 2018; State Hwy 21 frontage with daily traffic counts exceeding 17,000
