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Commercial Property on State Highway
For Sale
$800,000

415 State Highway 36 S, Caldwell, TX 77836

Commercial property with frontage on State Highway 36 in Caldwell.

Property Size3,200 SF
Price / SF$250
Days on Market319

Property Features for 415 State Highway 36 S

General Information

Standard status Active
Size 3,200 SF

Building Details

Year Built 1974
Listing Agency: Armstrong Properties
Listed By: Jessica Armstrong · License #0574391
Source: Doorstephomegroup
Added: Nov 28, 2025 Changed: Sep 29 Last Checked: Sep 29 at 10:56AM

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 commercial property is located on a corner lot with frontage on State Highway 36 in Caldwell, Texas. The property includes three metal buildings suitable for service bays, vehicle storage, or as an income-producing opportunity. The layout allows for easy vehicle ingress and egress, with designated parking and maneuvering room on the approximately 0.58-acre lot, which features paved parking. Building 1 measures 40x80 and includes a restroom. It is wired for 50 amp and 30 amp welders, providing flexible use for overflow or expansion. Building 2 measures 52x30.5 and includes 550 square feet of office/reception space, 930 square feet of bays, an 1100 square foot canopy, and one restroom. Building 3 measures 18x21 and features two 8x10 roll-up doors and a walk-through door. The property is zoned for commercial use. The location benefits from strong traffic counts, with a recorded 33,566 annual average daily traffic at the Highway 21/Highway 36 intersection. Utilities are provided by the City of Caldwell, including water, sewer, and single-phase electricity. The property is located in Caldwell, the county seat of Burleson County, which, along with surrounding areas, maintains a fast-growing population with commercial demand.

Key Highlights

  • High‑traffic corner property on St Hwy 36 with 33,566 annual average daily traffic count, ideal for business visibility.
  • Three well‑maintained metal shops suitable for various commercial uses, including service bays and vehicle storage.
  • Zoned for Commercial Use, offering flexibility for different business ventures.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,621
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,420 $692.4K
Cap Rate 7%
$494,586 $494.6K
Cap Rate 9%
$384,678 $384.7K
Market Conditions
NOI Build-Up for 3,200 SF
Gross rent
$53.8K $16.80/SF
− Vacancy
−$4.3K −$1.34/SF
EGI
$49.5K $15.46/SF
− OpEx
−$14.8K −$4.64/SF
NOI
$34.6K $10.82/SF
Area
Burleson County, TX
Vacancy
8.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$692,420
Cap Rate 7%
$494,586
Cap Rate 9%
$384,678

Alternative Uses

Best Use
Retail
$494.6K
$432.8K – $577.0K (±1% cap)
NOI $34,621 @ 7.0% cap · market cap 4.33%
Second Best
Industrial
$308.4K
$269.9K – $359.9K (±1% cap)
NOI $21,591 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$788.0K
$689.5K – $919.3K (±1% cap)
NOI $55,158 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Auto shops

Suggested Use

Top Pick Building Supply HVAC Service Kitchen & Bath Showroom Parking Lot & Garage Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

441
Businesses Nearby
Well-served
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Groce Fuel & Tire — 507 TX-21, Caldwell, TX 77836
  • Kwik Kar @ Caldwell — 401 TX-21, Caldwell, TX 77836
  • Auto Quality Services — 406 N Main St, Caldwell, TX 77836
  • Vollentines Garage — 513 N Main St, Caldwell, TX 77836
  • Bud Cross Ford, Inc. Service — 150 TX-36 S, Caldwell, TX 77836

Frequently Asked Questions

What type of property is this?
Auto shop - Commercial property with frontage on State Highway 36 in Caldwell.
Where is this auto shop located?
The property is located at 415 State Highway 36 S Caldwell, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: High‑traffic corner property on St Hwy 36 with **33,566 annual average daily traffic count, ideal for business visibility.**; Three well‑maintained metal shops suitable for various commercial uses, including service bays and vehicle storage.; Zoned for Commercial Use, offering flexibility for different business ventures.
More about this property
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