Flexible Commercial Space in Taylor,
500 West 2Nd St # Taylor Texas 76574 Taylor, TX 76574
500 West 2Nd St # Taylor Texas 76574, Taylor, TX, 76574
$720,000
For Sale
$720,000
500 West 2nd Street Taylor, Texas 76574
Property Size4,000 SF
Lot Size0.39 Acres
Price / SF$180
Days on Market195
Property Features for 500 West 2Nd St # Taylor Texas 76574
General Information
- Standard status
- Active
- Property type
- Flex space, Storefront properties, Other retail properties, Industrial properties, Individual retail properties, Retail properties & Spaces
- Size
- 4,000 SF
- Lot size
- 0.39 Acres
Building Details
- Buildings
- 1
- Stories
- 1
- Units
- 1
Listing Office
Keller Williams Realty Austin
(512) 963-3926
Listed by
Jeffrey · License #617990
(512) 963-3926
Added: Jan 7 Updated: Mar 16 at 9:06 am
Investment Insights
Based on property information with market context.
The property at 500 West 2nd Street in Taylor, Texas, offers approximately 4,000 SF of flexible commercial space situated on a 0.39-acre corner lot. On-site surface parking is included. The one-story freestanding building features an open layout, concrete floors, and clear span construction, providing flexibility for various uses. Roll-up doors are also present. Zoned 3-B1 for commercial and retail, the property is suitable for active, experiential, and light industrial users. The open floor plan and durable finishes make it well-suited for functional fitness gyms, training facilities, or recreation-focused concepts. The physical attributes also support entertainment and social uses, including game rooms, arcade-style venues, or billiards halls with bar seating. The property can also transition to café, coffee shop, or hybrid retail concepts. For operations and logistics, the building configuration supports light warehousing, storage, or maker-style uses. This property offers the opportunity to reposition an existing structure into a high-utility commercial space that can adapt to multiple business models.
Key Highlights
- One‑story freestanding building with open layout and roll‑up doors.
- Concrete floors and clear span construction provide flexibility for various uses.
- On‑site surface parking included with the property.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.5k | $14.88 |
| − Vacancy | −$8.4k | −$2.10 |
| EGI | $51.1k | $12.78 |
| − OpEx | −$15.3k | −$3.83 |
| NOI | $35.8k | $8.95 |
4,000 SF · lease $14.88/SF/yr · vacancy 14.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.01M
$880.4K – $1.17M
NOI $70,433 @ 7.0% cap · market cap 9.78%
Second Best
Industrial
$511.3K
$447.4K – $596.5K
NOI $35,789 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,047 @ 7.0% cap · market cap 16.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Legendary Motor Cars
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Twisted L BBQ — 1331-1/2 W 2nd St, Taylor, TX 76574
FAQs
What type of property is this?
Flex space - 500 West 2nd Street Taylor, Texas 76574
Where is this flex space located?
The property is located at 500 West 2Nd St # Taylor Texas 76574 Taylor, TX.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: One‑story freestanding building with open layout and roll‑up doors.; Concrete floors and clear span construction provide flexibility for various uses.; On‑site surface parking included with the property.
