Retail Space For
For Sale
Contact for pricing
718 US-77, Schulenburg, TX 78956
Retail space available for purchase.
Property Size2,895 SF
Price / SF$240.07
Days on Market1381
Property Features for 718 US-77
General Information
Standard status
Active
Size
2,895 SF
Property subtype
Retail
Listing Agency:
Hudson Peters Commercial, LLC
Listed By:
Karen Mitchell · License #594609
Source:
Crexi
Added: Nov 11, 2022
Changed: Aug 21
Last Checked: Aug 22 at 5:02PM
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 Hudson Peters Commercial, LLC
Investment Insights
Based on property information with market context.
This retail space, encompassing 2,895 square feet, is available for sale.
Key Highlights
- No property information was provided to extract selling points.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,214
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$784,280
$784.3K
Cap Rate 7%
$560,200
$560.2K
Cap Rate 9%
$435,711
$435.7K
Market Conditions
NOI Build-Up for 2,895 SF
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.
Gross rent
$59.4K $20.52/SF
− Vacancy
−$3.4K −$1.17/SF
EGI
$56.0K $19.35/SF
− OpEx
−$16.8K −$5.81/SF
NOI
$39.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$784,280
Cap Rate 7%
$560,200
Cap Rate 9%
$435,711
Alternative Uses
Best Use
Retail
$560.2K
$490.2K – $653.6K
NOI $39,214 @ 7.0% cap · market cap 5.64%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$32.46M
$28.40M – $37.87M
NOI $2,272,006 @ 7.0% cap · market cap 326.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
105
Businesses Nearby
46k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 20%
Home Improvements & Furnishings 7%
Hotels & Casinos 6%
Whataburger
Dining
30,542 visits/mo
0.3 miles
Chevron
Shops & Services
5,456 visits/mo
0.1 miles
Schulenburg Ace Hardware
Home Improvements & Furnishings
3,337 visits/mo
0.3 miles
O'Reilly Auto Parts
Shops & Services
3,027 visits/mo
0.4 miles
Holiday Inn Express & Suites Schulenburg
Hotels & Casinos
1,426 visits/mo
0.3 miles
Demographics for 78956, TX
5,161
Population
2,723
Households
1.9
Avg Household Size
51
Median Age
20%
College-Educated
87%
High-School Grad
169.2 sq mi
ZIP Area
31
Density / Sq Mi
$67,022
Median Household Income
$42,668
Median Earnings
$1,064
Median Rent
$231,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space available for purchase.
Where is this retail space located?
The property is located at 718 US-77 Schulenburg, TX.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: No property information was provided to extract selling points.
