Two-Story Office
1001 S Mays St, Round Rock, TX 78664
For Sale
Contact for pricing
Four private offices and a landscaped setting support a straightforward office layout.
Property Size4,582 SF
Lot Size0.58 Acres
Price / SF$501.95
Days on Market8
Property Features for 1001 S Mays St
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Condition
Office Units
Property Use
Amenities
landscaping
Building Details
Buildings
Stories
Building Size
Tenancy
Listing Agency:
Don Quick & Associates Inc
Listed By:
Brent Campbell · License TX #505073
(512) 814-1814
Source:
Crexi
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 5:34PM
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 Don Quick & Associates Inc
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Investment Insights
Based on property information with market context.
This two-story office building contains 4,582.10 square feet and four offices on a 0.583-acre parcel. The property is described as ready for immediate occupancy and includes tenant parking. A neighboring vacant 0.278-acre lot is available as an additional sale option.
The building sits at S Mays Street and Mays Crossing, at a signalized intersection and less than half a mile from IH 35. The intersection provides access to the property from both streets.
The building sits at S Mays Street and Mays Crossing, at a signalized intersection and less than half a mile from IH 35. The intersection provides access to the property from both streets.
Key Highlights
- 4,582.10‑square‑foot, two‑story office building with four offices
- Situated on a 0.583‑acre parcel
- Neighboring vacant 0.278‑acre lot available as an additional sale option
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,890
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,457,800
$1.5M
Cap Rate 7%
$1,041,286
$1.0M
Cap Rate 9%
$809,889
$809.9K
Market Conditions
NOI Build-Up for 4,582 SF
Gross rent
$137.5K $30.00/SF
− Vacancy
−$40.3K −$8.79/SF
EGI
$97.2K $21.21/SF
− OpEx
−$24.3K −$5.30/SF
NOI
$72.9K $15.91/SF
Area
Round Rock, TX
Vacancy
29.30%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,457,800
Cap Rate 7%
$1,041,286
Cap Rate 9%
$809,889
Alternative Uses
Best Use
Office B
$1.04M
$911.1K – $1.21M
NOI $72,890 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,613 @ 7.0% cap · market cap 4.42%
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
Open Analytics
Current Use
Lease Details
4
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,378
Businesses Nearby
Explore this area
Business Placement
Demographics for 78664, TX
60,287
Population
24,259
Households
2.5
Avg Household Size
34
Median Age
35%
College-Educated
90%
High-School Grad
16.6 sq mi
ZIP Area
3,632
Density / Sq Mi
$85,919
Median Household Income
$45,700
Median Earnings
$1,645
Median Rent
$317,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Williamson County, TX
Properties on Market for Office buildings in Williamson County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Four private offices and a landscaped setting support a straightforward office layout.
Where is this office building located?
The property is located at 1001 S Mays St Round Rock, TX.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 4,582.10‑square‑foot, two‑story office building with four offices; Situated on a 0.583‑acre parcel; Neighboring vacant 0.278‑acre lot available as an additional sale option
