Flex Building with Roll-Up Door
185 State Highway 36 N Caldwell, TX 77836
185 State Highway 36 N, Caldwell, TX, 77836
$1,700,000
For Sale
$1,700,000
Well-maintained flex building with showroom offices and a back shop with 12x12 roll-up doors.
Property Size5,180 SF
Lot Size1.57 Acres
Price / SF$328.19
Days on Market89
Property Features for 185 State Highway 36 N
General Information
- Standard status
- Active
- Size
- 5,180 SF
- Lot size
- 1.57 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 2008
Listing agency
Armstrong Properties
(979) 777-5396
Listed by
Jessica Armstrong · License #0574391
(979) 777-5396
Source
Elliman
Added: Apr 24 Updated: Jul 21 at 3:18AM Checked: Jul 21 at 3:18AM
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
Investment Insights
Based on property information with market context.
This well-maintained flex building includes two functional sections: a front retail/showroom area and a back service shop. The main showroom features an expansive open layout with a service counter, restrooms, kitchenette, and four private office spaces. The rear shop is equipped with 12x12 roll-up doors and includes spray foam insulation, 220-volt outlets, LED commercial lighting, and plumbing for air. Safety and utility features in the shop include an eye wash station, sink, and shower. The property is set up for internet, surround sound, and security video service.
The site sits on an approximately 1.57-acre lot with main access off State Highway 36 and a secondary access off a paved city street behind the building. The HWY 21/HWY 36 intersection reports an average annual daily traffic count of 33,566 vehicles. City of Caldwell utilities are provided.
With an oversized lot designed for on-site vehicle parking, the property can support customer access, inventory display, or room for operational expansion within the existing retail and light industrial-style shop layout.
The site sits on an approximately 1.57-acre lot with main access off State Highway 36 and a secondary access off a paved city street behind the building. The HWY 21/HWY 36 intersection reports an average annual daily traffic count of 33,566 vehicles. City of Caldwell utilities are provided.
With an oversized lot designed for on-site vehicle parking, the property can support customer access, inventory display, or room for operational expansion within the existing retail and light industrial-style shop layout.
Key Highlights
- Well‑maintained 5,180 SF commercial building built in 2008 on a 1.57‑acre lot
- Two‑section layout with a retail showroom area, service counter, restrooms, kitchenette, and 4 private office spaces
- Back service shop includes 12x12 roll‑up doors, spray foam insulation, 220 outlet, and LED commercial lighting
Local Financial Insights For Retail
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 | $87.0k | $16.80 |
| − Vacancy | −$7.0k | −$1.34 |
| EGI | $80.1k | $15.46 |
| − OpEx | −$24.0k | −$4.64 |
| NOI | $56.0k | $10.82 |
5,180 SF · lease $16.80/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$800.6K
$700.5K – $934.1K
NOI $56,043 @ 7.0% cap · market cap 3.30%
Second Best
Flex RnD
$671.0K
$587.1K – $782.8K
NOI $46,970 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,287 @ 7.0% cap · market cap 5.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Well-maintained flex building with showroom offices and a back shop with 12x12 roll-up doors.
Where is this flex space located?
The property is located at 185 State Highway 36 N Caldwell, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Well‑maintained 5,180 SF commercial building built in 2008 on a 1.57‑acre lot; Two‑section layout with a retail showroom area, service counter, restrooms, kitchenette, and 4 private office spaces; Back service shop includes 12x12 roll‑up doors, spray foam insulation, 220 outlet, and LED commercial lighting
