Metal Warehouse with Highway
For Sale
$1,850,000
3545 Texas 237, Round Top, TX 78954
Residential (Farm-Ranch), Round Top, TX
Property Size4,000 SF
Lot Size2.50 Acres
Price / SF$462.50
Days on Market49
Property Features for 3545 Texas 237
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 1
Exterior features
Metal
Lot features
Pond, Improved_ Pasture
High school district
Round Top
Standard status
Active
APN
58591
Size
4,000 SF
Lot size
2.50 Acres
Utilities
Water source
Public
Building Details
Floors in Building
1
Roof type
Metal
Listing Agency:
RIEBELING PROPERTIES
Listed By:
Andrea Riebeling · License #0672744
(832) 816-1000
Added: Aug 27
Changed: Oct 14
Last Checked: Oct 14 at 7:06PM
MLS# 146386
Copyright © 2026 South Central Texas Board of Realtors. 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 2.5-acre commercial property includes a 4,000-square-foot metal warehouse with electrical connections, plus a farmhouse previously used for antiques. The improvements also include a metal roof and access to public water. A bathroom and bedroom are identified among the property rooms.
The property fronts Highway 237 in Round Top, within the area known as the Antique Corridor. It is located a few miles from Round Top Square and near Blue Ocean Trading Company Texas Headquarters, Bull Market, Junk Gypsy, The Porch, and Marburger Farms. The surrounding context includes established antique-oriented destinations and recurring show activity.
The property fronts Highway 237 in Round Top, within the area known as the Antique Corridor. It is located a few miles from Round Top Square and near Blue Ocean Trading Company Texas Headquarters, Bull Market, Junk Gypsy, The Porch, and Marburger Farms. The surrounding context includes established antique-oriented destinations and recurring show activity.
Key Highlights
- 2.5‑acre commercial property along Highway 237
- 4,000‑square‑foot metal warehouse
- Electrical connections serving the warehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,181
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,083,620
$1.1M
Cap Rate 7%
$774,014
$774.0K
Cap Rate 9%
$602,011
$602.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$82.1K $20.52/SF
− Vacancy
−$4.7K −$1.17/SF
EGI
$77.4K $19.35/SF
− OpEx
−$23.2K −$5.81/SF
NOI
$54.2K $13.55/SF
Area
Fayette County, TX
Vacancy
5.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,083,620
Cap Rate 7%
$774,014
Cap Rate 9%
$602,011
Alternative Uses
Best Use
Retail
$774.0K
$677.3K – $903.0K
NOI $54,181 @ 7.0% cap · market cap 2.93%
Second Best
Warehouse
$350.7K
$306.9K – $409.1K
NOI $24,548 @ 7.0% cap · market cap 1.33%
Theoretical Best
Multifamily LT 5
$44.85M
$39.24M – $52.32M
NOI $3,139,214 @ 7.0% cap · market cap 169.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 78954, TX
1,144
Population
897
Households
1.3
Avg Household Size
60
Median Age
40%
College-Educated
98%
High-School Grad
73.6 sq mi
ZIP Area
16
Density / Sq Mi
$100,096
Median Household Income
$54,271
Median Earnings
$1,155
Median Rent
$453,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Warehouse - Commercial acreage includes a metal warehouse, farmhouse, public water, and electrical connections along Highway 237.
Where is this warehouse located?
The property is located at 3545 Texas 237 Round Top, TX.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 2.5‑acre commercial property along Highway 237; 4,000‑square‑foot metal warehouse; Electrical connections serving the warehouse
