Storefront
For Sale
$750,000
1406 N Bell Blvd, Cedar Park, TX 78613
Tenant-occupied storefront property built in 1980 with advance scheduling required for access.
Property Size1,500 SF
Price / SF$500
Days on Market15
Property Features for 1406 N Bell Blvd
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$12,950
Building Details
Building Size
1,500 SF
Year Built
1980
Buildings
1
Stories
1
Listing Agency:
Santos & Associates Real Estate Group LLC
(512) 820-1053
Listed By:
Robert Santos
Source:
Loessinproperties
Added: Aug 10
Changed: Aug 24
Last Checked: Aug 23 at 7:36AM
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 Santos & Associates Real Estate Group LLC
Investment Insights
Based on property information with market context.
This storefront property at 1406 N Bell Blvd in Cedar Park was constructed in 1980 and is currently tenant-occupied. Property access requires advance coordination, and showings must be arranged before visiting.
The location has a bike score of 72, classified as Very Bikeable, and a walk score of 51, classified as Somewhat Walkable.
The location has a bike score of 72, classified as Very Bikeable, and a walk score of 51, classified as Somewhat Walkable.
Key Highlights
- Storefront property at 1406 N Bell Blvd, Cedar Park, TX 78613
- Built in 1980
- Currently tenant‑occupied
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
$26,412
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
3.52%
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%
$528,240
$528.2K
Cap Rate 7%
$377,314
$377.3K
Cap Rate 9%
$293,467
$293.5K
Market Conditions
NOI Build-Up for 1,500 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
$39.1K $26.04/SF
− Vacancy
−$1.3K −$0.89/SF
EGI
$37.7K $25.15/SF
− OpEx
−$11.3K −$7.55/SF
NOI
$26.4K $17.61/SF
Area
Williamson County, TX
Vacancy
3.40%
Lease Rate
$26.04 /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%
$528,240
Cap Rate 7%
$377,314
Cap Rate 9%
$293,467
Alternative Uses
Best Use
Retail
$377.3K
$330.2K – $440.2K
NOI $26,412 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$627.0K
$548.7K – $731.6K
NOI $43,893 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,358
Businesses Nearby
358k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Superstores 35%
Shops & Services 16%
Home Improvements & Furnishings 5%
Walmart
Superstores
115,307 visits/mo
0.3 miles
Chili's Grill & Bar
Dining
15,636 visits/mo
0.1 miles
Bush's Chicken
Dining
15,146 visits/mo
0.4 miles
Harbor Freight Tools
Home Improvements & Furnishings
14,570 visits/mo
0.4 miles
Panda Express
Dining
13,297 visits/mo
0.4 miles
Demographics for 78613, TX
89,279
Population
34,198
Households
2.6
Avg Household Size
36
Median Age
55%
College-Educated
97%
High-School Grad
27.7 sq mi
ZIP Area
3,223
Density / Sq Mi
$120,829
Median Household Income
$61,782
Median Earnings
$1,733
Median Rent
$461,900
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?
Storefront property - Tenant-occupied storefront property built in 1980 with advance scheduling required for access.
Where is this storefront property located?
The property is located at 1406 N Bell Blvd Cedar Park, TX.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Storefront property at 1406 N Bell Blvd, Cedar Park, TX 78613; Built in 1980; Currently tenant‑occupied
