Retail Space with
For Sale
Contact for pricing
215 N Main Street, Taylor, TX 76574
A P5 Urban Center District property offers a long-format interior and an upper-level area for additional commercial use.
Property Size1,800 SF
Price / SF$1.53
Days on Market57
Property Features for 215 N Main Street
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Retail
Zoning
P5 Urban Center District
Building Details
Year Built
1900
Listing Agency:
Tierra Grande Realty, LLC
(737) 864-5330
Listed By:
Julie Downs · License #0352736
(512) 497-3967
Source:
Hoydenhomes
Added: Sep 3
Changed: Oct 28
Last Checked: Oct 28 at 3:52PM
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 Tierra Grande Realty, LLC
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Investment Insights
Based on property information with market context.
This 1,800-square-foot retail property at 215 N Main Street has an elongated layout measuring 11 feet wide by 125 feet deep. An approximately 50-foot by 11-foot mezzanine adds upper-level space. The building dates to 1900.
The property is on Main Street in downtown Taylor, Texas. Its zoning is P5 Urban Center District, and the stated configuration includes both ground-floor and upper-level area.
The property is on Main Street in downtown Taylor, Texas. Its zoning is P5 Urban Center District, and the stated configuration includes both ground-floor and upper-level area.
Key Highlights
- 1,800 square feet of retail space
- Interior measures 11 feet wide by 125 feet deep
- Mezzanine measures approximately 50 feet by 11 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,695
Suggested Prices Based on Cap Rates
Cap Rate 5%
$633,900
$633.9K
Cap Rate 7%
$452,786
$452.8K
Cap Rate 9%
$352,167
$352.2K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$46.9K $26.04/SF
− Vacancy
−$1.6K −$0.89/SF
EGI
$45.3K $25.15/SF
− OpEx
−$13.6K −$7.55/SF
NOI
$31.7K $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 Rate 5%
$633,900
Cap Rate 7%
$452,786
Cap Rate 9%
$352,167
Alternative Uses
Best Use
Retail
$452.8K
$396.2K – $528.3K
NOI $31,695 @ 7.0% cap · market cap 1,152.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$752.4K
$658.4K – $877.9K
NOI $52,671 @ 7.0% cap · market cap 1,915.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 85%
Groceries 15%
Shell
Shops & Services
6,352 visits/mo
0.4 miles
Citgo
Shops & Services
2,661 visits/mo
0.5 miles
King's Liquor
Groceries
1,687 visits/mo
0.5 miles
City National Bank
Shops & Services
930 visits/mo
0.3 miles
Demographics for 76574, TX
19,366
Population
8,458
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
86%
High-School Grad
149.0 sq mi
ZIP Area
130
Density / Sq Mi
$72,805
Median Household Income
$40,994
Median Earnings
$1,167
Median Rent
$252,000
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - A P5 Urban Center District property offers a long-format interior and an upper-level area for additional commercial use.
Where is this retail space located?
The property is located at 215 N Main Street Taylor, TX.
What are key features of this property?
This property features: 1,800 square feet of retail space; Interior measures 11 feet wide by 125 feet deep; Mezzanine measures approximately 50 feet by 11 feet
