Multi-Unit Day Care
7036 Us Highway 87, China Grove, TX 78263
For Sale
New
$649,000
Three separate units include varied room layouts, plumbing, and utility areas for different commercial configurations.
Property Size4,380 SF
Price / SF$148.17
Days on Market4
Property Features for 7036 Us Highway 87
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Utilities to Site
Additional Details
Tenant in Place
Amenities
small fenced yard with covered back porch
Kitchenette
break room
wash/utility room with floor drain
multiple storage areas
storage shed with power
Building Details
Building Size
Year Built
Buildings
Units
Tenancy
Listing Agency:
Becker Properties, LLC
Listed By:
Sean Blanchard
(210) 478-9417
Source:
Halfpriced
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 10 at 10:54PM
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 Becker Properties, LLC
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Investment Insights
Based on property information with market context.
The 4,380-square-foot property is arranged as three units. Unit 1 has a main room, two additional rooms, a kitchenette, a half bath, and a full bath with a stand-up shower; it also has a fenced yard and covered rear porch. Unit 2 contains a break room, half bath, wash and utility room with a floor drain, and multiple storage areas. Unit 3 measures nearly 1,700 square feet and includes multiple rooms, a half bath, and a large break room.
A separate 180-square-foot space has plumbing and power, and an 80-square-foot storage shed is also powered. Access is available from Mack Dr and Highway 87. The property is just below an acre, with additional parking area. Units 1 and 3 are leased.
A separate 180-square-foot space has plumbing and power, and an 80-square-foot storage shed is also powered. Access is available from Mack Dr and Highway 87. The property is just below an acre, with additional parking area. Units 1 and 3 are leased.
Key Highlights
- Three‑unit property totaling 4,380 square feet
- Unit 3 is nearly 1,700 square feet, with multiple rooms and a large break room
- Unit 1 includes a fenced yard, covered rear porch, kitchenette, and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,279
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,165,580
$1.2M
Cap Rate 7%
$832,557
$832.6K
Cap Rate 9%
$647,544
$647.5K
Market Conditions
NOI Build-Up for 4,380 SF
Gross rent
$86.7K $19.80/SF
− Vacancy
−$3.5K −$0.79/SF
EGI
$83.3K $19.01/SF
− OpEx
−$25.0K −$5.70/SF
NOI
$58.3K $13.31/SF
Area
Bexar County, TX
Vacancy
4.00%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,165,580
Cap Rate 7%
$832,557
Cap Rate 9%
$647,544
Alternative Uses
Best Use
Retail
$832.6K
$728.5K – $971.3K
NOI $58,279 @ 7.0% cap · market cap 8.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $82,983 @ 7.0% cap · market cap 12.79%
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
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 78263, TX
4,995
Population
1,630
Households
3.1
Avg Household Size
47
Median Age
29%
College-Educated
87%
High-School Grad
38.2 sq mi
ZIP Area
131
Density / Sq Mi
$81,793
Median Household Income
$44,676
Median Earnings
$1,142
Median Rent
$312,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Day care center - Three separate units include varied room layouts, plumbing, and utility areas for different commercial configurations.
Where is this day care center located?
The property is located at 7036 Us Highway 87 China Grove, TX.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Three‑unit property totaling 4,380 square feet; Unit 3 is nearly 1,700 square feet, with multiple rooms and a large break room; Unit 1 includes a fenced yard, covered rear porch, kitchenette, and two bathrooms
