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2401 S A W Grimes Blvd, Round Rock, TX

7,005 SF building suitable for school or childcare.

Property Size7,005 SF
Lot Size1.17 Acres
Price / SF$471.09
Days on Market323

Property Features for 2401 S A W Grimes Blvd

General Information

Standard status Active
Size 7,005 SF
Lot size 1.17 Acres
Property subtype RETAIL
Listing Agency: Don Quick & Associates, Inc.
Listed By: Shelly Morgan · License ##509529
Source: Moodyscre
Added: Nov 25, 2025 Changed: Oct 5 Last Checked: Oct 12 at 10:49PM

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.

Investment Insights

Based on property information with market context.

This 7,005 square foot stand alone building offers frontage and parking. It is suitable for a school, martial arts, dance, gymnastics, or childcare facility. The property includes several classrooms, offices, and two reception areas. It features two separate entrances and a grade-level roll-up door in the back. The location is next door to a school, which may provide synergistic opportunities.

Key Highlights

  • 7,005 SF stand alone building with plenty of parking and frontage
  • Perfect for school, martial arts, dance, gymnastics, childcare
  • Several classrooms and offices

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$130,735
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,614,700 $2.6M
Cap Rate 7%
$1,867,643 $1.9M
Cap Rate 9%
$1,452,611 $1.5M
Market Conditions
NOI Build-Up for 7,005 SF
Gross rent
$193.3K $27.60/SF
− Vacancy
−$6.6K −$0.94/SF
EGI
$186.8K $26.66/SF
− OpEx
−$56.0K −$8.00/SF
NOI
$130.7K $18.66/SF
Area
Round Rock, TX
Vacancy
3.40%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,614,700
Cap Rate 7%
$1,867,643
Cap Rate 9%
$1,452,611

Alternative Uses

Best Use
Retail
$1.87M
$1.63M – $2.18M (±1% cap)
NOI $130,735 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.22M
$1.94M – $2.59M (±1% cap)
NOI $155,343 @ 7.0% cap · market cap 4.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Round Rock Shaolin ... Training Center

Suggested Use

Top Pick Restaurant Building Supply Dental Office Big Box & Wholesale Store Law Firm Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

831
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - 7,005 SF building suitable for school or childcare.
Where is this storefront property located?
The property is located at 2401 S A W Grimes Blvd Round Rock, TX.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 7,005 SF stand alone building with plenty of parking and frontage; Perfect for school, martial arts, dance, gymnastics, childcare; Several classrooms and offices
(512) 814-1825 Call to check price and availability
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