Rehabilitated Historic
New
For Sale
$1,150,000
313 N Main St, Taylor, TX 76574
Flexible commercial space in Downtown Taylor’s National Register Historic District, near dining, entertainment, retail, and residential uses.
Property Size3,278 SF
Days on Market2
Property Features for 313 N Main St
General Information
Standard status
Active
Size
3,278 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$13,159
Building Details
Building Size
3,278 SF
Year Built
1900
Listing Agency:
JBGoodwin REALTORS WL
Listed By:
Alyson McGee · License #0637698
(512) 900-2460
Source:
Elliman
Added: Sep 18
Last Checked: Sep 19 at 9:41AM
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 JBGoodwin REALTORS WL
Investment Insights
Based on property information with market context.
This circa-1900 commercial storefront has been rehabilitated and retains a historic setting within Downtown Taylor’s National Register Historic District. The space can accommodate a range of concepts, including boutique retail, spa or salon services, restaurant or bar operations, live music, gallery use, and other creative businesses.
The property is located at 313 N Main St in the downtown core, near Louie Mueller Barbecue, Black Sparrow Music Parlor, Flake Bakery & Larder, Wildflower Corks & Brews, and the Old Taylor High entertainment and retail district. Nearby loft apartments, offices, galleries, additional shops, parks, and a skate park contribute to the surrounding mix. Downtown access is reflected in a walk score of 61 and a bike score of 54.
The property is located at 313 N Main St in the downtown core, near Louie Mueller Barbecue, Black Sparrow Music Parlor, Flake Bakery & Larder, Wildflower Corks & Brews, and the Old Taylor High entertainment and retail district. Nearby loft apartments, offices, galleries, additional shops, parks, and a skate park contribute to the surrounding mix. Downtown access is reflected in a walk score of 61 and a bike score of 54.
Key Highlights
- Rehabilitated circa‑1900 commercial storefront
- Within Downtown Taylor’s National Register Historic District
- Flexible space for retail, dining, salon, gallery, music, or bar concepts
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
$57,720
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
5.02%
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%
$1,154,400
$1.2M
Cap Rate 7%
$824,571
$824.6K
Cap Rate 9%
$641,333
$641.3K
Market Conditions
NOI Build-Up for 3,278 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
$85.4K $26.04/SF
− Vacancy
−$2.9K −$0.89/SF
EGI
$82.5K $25.15/SF
− OpEx
−$24.7K −$7.55/SF
NOI
$57.7K $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 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%
$1,154,400
Cap Rate 7%
$824,571
Cap Rate 9%
$641,333
Alternative Uses
Best Use
Retail
$824.6K
$721.5K – $962.0K
NOI $57,720 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,920 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
652
Businesses Nearby
15k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 89%
Groceries 11%
Shell
Shops & Services
6,352 visits/mo
0.1 miles
Valero Energy
Shops & Services
3,517 visits/mo
0.5 miles
Citgo
Shops & Services
2,661 visits/mo
0.1 miles
King's Liquor
Groceries
1,687 visits/mo
0.2 miles
City National Bank
Shops & Services
930 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial space in Downtown Taylor’s National Register Historic District, near dining, entertainment, retail, and residential uses.
Where is this storefront property located?
The property is located at 313 N Main St Taylor, TX.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Rehabilitated circa‑1900 commercial storefront; Within Downtown Taylor’s National Register Historic District; Flexible space for retail, dining, salon, gallery, music, or bar concepts
