P4-Zoned Commercial
For Sale
$319,500
507 Sloan St, Taylor, TX 76574
Rectangle lot with P4 mixed-use zoning and water and sewer lines located in the street.
Property Size1,800 SF
Days on Market97
Property Features for 507 Sloan St
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$5,271
Building Details
Building Size
1,800 SF
Year Built
1930
Listing Agency:
Cornerstone Real Estate Inc.
Listed By:
Richard Delancey · License #0696053
(512) 645-7441
Source:
Elliman
Added: Jul 16
Changed: Oct 20
Last Checked: Oct 19 at 7:01AM
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 Cornerstone Real Estate Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial land property comprises a rectangular lot measuring over 1.1 acres at 507 Sloan St in Taylor, Texas. The site carries P4 mixed-use zoning and includes an existing structure built in 1930.
An 8-inch water line and 12-inch sewer line are located in the street, providing documented utility infrastructure adjacent to the property. The existing improvements and mixed-use designation support consideration of renovation, removal, or new construction, subject to applicable approvals.
An 8-inch water line and 12-inch sewer line are located in the street, providing documented utility infrastructure adjacent to the property. The existing improvements and mixed-use designation support consideration of renovation, removal, or new construction, subject to applicable approvals.
Key Highlights
- Over 1.1‑acre rectangular commercial land parcel
- P4 mixed‑use zoning
- Existing structure built in 1930
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,300
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,000
$486.0K
Cap Rate 7%
$347,143
$347.1K
Cap Rate 9%
$270,000
$270.0K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$43.2K $24.00/SF
− Vacancy
−$4.3K −$2.40/SF
EGI
$38.9K $21.60/SF
− OpEx
−$14.6K −$8.10/SF
NOI
$24.3K $13.50/SF
Area
Williamson County, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,000
Cap Rate 7%
$347,143
Cap Rate 9%
$270,000
Alternative Uses
Best Use
Mixed Use
$347.1K
$303.8K – $405.0K
NOI $24,300 @ 7.0% cap · market cap 7.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$752.4K
$658.4K – $877.9K
NOI $52,671 @ 7.0% cap · market cap 16.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
220
Businesses Nearby
Explore this area
Business Placement
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
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Commercial land - Rectangle lot with P4 mixed-use zoning and water and sewer lines located in the street.
Where is this commercial land located?
The property is located at 507 Sloan St Taylor, TX.
What is the asking price?
The asking price for this property is $319,500.
What are key features of this property?
This property features: Over 1.1‑acre rectangular commercial land parcel; P4 mixed‑use zoning; Existing structure built in 1930
