Old Town Keller Commercial
128 Taylor St, Keller, TX 76248
For Sale
Contact for pricing
Commercial potential in high-traffic Old Town Keller district.
Property Size1,782 SF
Price / SF$361.95
Days on Market239
Property Features for 128 Taylor St
General Information
Standard status
Size
Class
Property subtype
Zoning
Investment Type
Building Details
Buildings
Stories
Units
Listing Agency:
United Country Texas Real Estate & Auction Service
Listed By:
Jeff Taylor · License TX #0677175
(214) 789-2490
Source:
Crexi
Added: Mar 17
Changed: Aug 21
Last Checked: Aug 14 at 7:24AM
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 United Country Texas Real Estate & Auction Service
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Investment Insights
Based on property information with market context.
This property presents a commercial opportunity in the heart of Old Town Keller. Currently zoned residential, the property is slated to convert to commercial zoning upon sale, opening possibilities for approved business uses in a walkable district. The location benefits from high traffic, exceptional visibility, and accessibility. The City has approved a variety of commercial uses, making it suitable for entrepreneurs. Potential uses include a coffee shop, plant boutique, therapy or medical office, pet grooming salon, restaurant, microbrewery, retail storefront, or professional office. The property features an open-concept layout with three private rooms suitable for offices, classrooms, or treatment areas, plus a fully updated kitchen with premium finishes and separate entrances to the backyard and garage. Situated on a spacious lot with mature shade trees, the property offers ample room for on-site parking. The property size is 1782 square feet. The home will be commercial upon closing with no application for zoning change required; however, approval may be required if the business is a Special Use Permit designation.
Key Highlights
- Slated to convert to commercial zoning upon sale with no application required, opening opportunities for various business uses.
- Prime location in the heart of Old Town Keller, a high‑traffic, walkable district with exceptional visibility.
- City‑approved wide variety of commercial uses, making it a turnkey opportunity.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,578
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,560
$591.6K
Cap Rate 7%
$422,543
$422.5K
Cap Rate 9%
$328,644
$328.6K
Market Conditions
NOI Build-Up for 1,782 SF
Gross rent
$44.5K $24.96/SF
− Vacancy
−$2.2K −$1.25/SF
EGI
$42.3K $23.71/SF
− OpEx
−$12.7K −$7.11/SF
NOI
$29.6K $16.60/SF
Area
Tarrant County, TX
Vacancy
5.00%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,560
Cap Rate 7%
$422,543
Cap Rate 9%
$328,644
Alternative Uses
Best Use
Retail
$422.5K
$369.7K – $493.0K
NOI $29,578 @ 7.0% cap · market cap 4.59%
Second Best
Mixed Use
$295.6K
$258.6K – $344.8K
NOI $20,689 @ 7.0% cap · market cap 3.21%
Theoretical Best
Office A
$626.9K
$548.5K – $731.3K
NOI $43,880 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
976
Businesses Nearby
210k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 43%
Shops & Services 39%
Dining 16%
Electronics 2%
Sam's Club
Superstores
89,802 visits/mo
0.2 miles
QuikTrip
Shops & Services
29,316 visits/mo
0.5 miles
Sam's Club Gas Station
Shops & Services
29,166 visits/mo
0.3 miles
Starbucks
Dining
10,406 visits/mo
0.1 miles
Spring Creek Barbeque
Dining
8,296 visits/mo
0.4 miles
Demographics for 76248, TX
40,894
Population
14,749
Households
2.8
Avg Household Size
42
Median Age
60%
College-Educated
97%
High-School Grad
15.8 sq mi
ZIP Area
2,588
Density / Sq Mi
$169,391
Median Household Income
$77,224
Median Earnings
$1,979
Median Rent
$545,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Mixed-use properties in Tarrant County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial potential in high-traffic Old Town Keller district.
Where is this mixed-use property located?
The property is located at 128 Taylor St Keller, TX.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Slated to convert to commercial zoning upon sale with no application required, opening opportunities for various business uses.; Prime location in the heart of Old Town Keller, a high‑traffic, walkable district with exceptional visibility.; City‑approved wide variety of commercial uses, making it a turnkey opportunity.
