Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    405 S Main St Taylor, TX 76574

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3,300 /Mo

    Restaurant space available in high-traffic downtown location.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    7
    Last Refresh:
    Apr 24 at 5:36 pm

    Property Features for 405 S Main St

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1950

    We can help!

    Listing Contact
    Johan Borge
    Johan Borge

    Listing agent Johan Borge License #0566856

    Listing office Texas Capital Real Estate, LLC

    Listing date Apr 24, 2026

    Source Elliman

    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 Texas Capital Real Estate, LLC

    Overview

    Restaurant Space in Downtown Taylor

    This commercial space, currently operating as a Mexican restaurant, is available for rent in downtown Taylor, Texas. The location offers opportunities for various restaurant concepts. The property benefits from high traffic and is situated in an area where Samsung is planning to open a facility. The walk score is 5, indicating car-dependence, and the bike score is 26, suggesting it is somewhat bikeable.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Taylor
    County
    Williamson
    State
    Texas
    Longitude
    -97.4087123
    Latitude
    30.5643802

    Nearby Similar for Lease

    • $2,680/Mo

      Downtown Taylor Retail Space Available

      Excellent corner location in thriving downtown Taylor, Texas.
      100 E 2nd St, Taylor, TX 76574
      View Details
    • $1,600/Mo

      Taylor Commercial Space For Rent

      Versatile commercial space in growing Taylor community.
      1706 N Main St Suite B, Taylor, TX 76574
      View Details
    • $2,700/Mo

      Historic Downtown Taylor Commercial Space

      Charming space suitable for office, restaurant, retail, or venue.
      111 N Main St, Taylor, TX 76574
      View Details
    • $1,800/Mo

      New Construction Office/Medical Space

      New construction office or medical space for lease.
      2706 Paula Ln 100-200, Taylor, TX 76574
      View Details
    • $1,495/Mo

      Commercial Space in Downtown Taylor

      Commercial space for lease in booming downtown Taylor, Texas.
      117 Travis St, Taylor, TX 76574
      View Details
    • $13 SF/Yr

      Taylor Office Space For Rent

      Office space available in Taylor, Texas near Samsung plant.
      3100-3120 N Main St, Taylor, TX
      View Details
    • $7 SF/Yr

      Taylor Warehouse with Recent Upgrades

      58,600 SF warehouse featuring upgraded systems and convenient access.
      601 W 2nd St, Taylor, TX
      View Details
    • Contact for pricing

      Taylor Commercial Property For Rent

      Commercial property available for lease in Taylor, Texas.
      3100 N MAIN ST, Taylor, TX 76574
      View Details
    • $24 SF/Yr

      Downtown Taylor Built-Out Bar Space

      Walkable downtown location, minutes from Samsung, built-out bar space.
      219 N Main St, Taylor, TX
      View Details
    • Contact for pricing

      Taylor, TX Specialty Property

      Specialty property available for rent in Taylor, Texas.
      219 North Main Street, Taylor, TX 76574
      View Details
    • Contact for pricing

      Retail Space in Taylor, Texas

      Retail space available in HEB anchored shopping center.
      100 Carlos G Parker Boulevard Northwest, Taylor, TX, 76574
      View Details
    • $0.85 SF/Yr

      Taylor Warehouse/Distribution Center Available

      203,471 SF warehouse/distribution center near Samsung plant.
      370 BFG 9000 Wy, Taylor, TX
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Restaurant space available in high-traffic downtown location.
    Where is this conventional restaurant located?
    The property is located at 405 S Main St Taylor, TX.
    What is the lease rate?
    The lease rate is $3,300 /Mo.
    What are key features of this property?
    This property features: Excellent location in downtown Taylor, near the future Samsung site.; Suitable for a restaurant business.; Currently operating as a Mexican restaurant.
    (512) 939-4536
    We can help!
    Listing Contact
    Johan Borge
    Johan Borge
    Real Estate License ID: 0566856
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!