Flex Building with Roll-Up
For Sale
$275,000
405 North Johnston St, Caldwell, TX 77836
Metal construction, concrete flooring, and overhead lighting support a range of commercial operations.
Property Size1,836 SF
Price / SF$149.78
Days on Market81
Property Features for 405 North Johnston St
General Information
Standard status
Active
Size
1,836 SF
Additional Details
Drive-In Doors
2
Building Details
Year Built
2010
Construction
metal building
Listing Agency:
Home & Ranch Real Estate
Listed By:
Melinda Scott · License #0527396
(979) 574-9228
Source:
Doorstephomegroup
Added: Aug 3
Changed: Sep 20
Last Checked: Sep 29 at 3:01PM
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 Home & Ranch Real Estate
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Investment Insights
Based on property information with market context.
Built in 2010, this 1,836-square-foot flex property is configured for practical commercial use. The metal building includes a concrete floor, high ceilings, exposed beams, and bright overhead lighting. Two large roll-up garage doors provide direct access for vehicles, equipment, and daily operations.
The property is located at 405 N Johnston Street in Caldwell, Texas, offering a functional setting for businesses requiring adaptable interior space and vehicle access.
The property is located at 405 N Johnston Street in Caldwell, Texas, offering a functional setting for businesses requiring adaptable interior space and vehicle access.
Key Highlights
- 1,836‑square‑foot flex property in Caldwell, Texas
- Metal building constructed in 2010
- Two large roll‑up garage doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,648
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,960
$333.0K
Cap Rate 7%
$237,829
$237.8K
Cap Rate 9%
$184,978
$185.0K
Market Conditions
NOI Build-Up for 1,836 SF
Gross rent
$27.5K $15.00/SF
− Vacancy
−$1.9K −$1.05/SF
EGI
$25.6K $13.95/SF
− OpEx
−$9.0K −$4.88/SF
NOI
$16.6K $9.07/SF
Area
Burleson County, TX
Vacancy
7.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,960
Cap Rate 7%
$237,829
Cap Rate 9%
$184,978
Alternative Uses
Best Use
Flex RnD
$237.8K
$208.1K – $277.5K
NOI $16,648 @ 7.0% cap · market cap 6.05%
Second Best
Warehouse
$191.0K
$167.1K – $222.9K
NOI $13,371 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$452.1K
$395.6K – $527.5K
NOI $31,647 @ 7.0% cap · market cap 11.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
Under-served
Demand for This Use
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
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Metal construction, concrete flooring, and overhead lighting support a range of commercial operations.
Where is this flex space located?
The property is located at 405 North Johnston St Caldwell, TX.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,836‑square‑foot flex property in Caldwell, Texas; Metal building constructed in 2010; Two large roll‑up garage doors
