601 S Mays St, Round Rock, TX
Operating oil change location with office tenant and extra land.
- Added:
- May 20, 2024
- Days on Market:
- 751
- Last Refresh:
- May 20 at 9:55 pm
Property Features for 601 S Mays St
General Information
- Standard status
- Active
- Size
- 2,835 SF
- Lot size
- 0.31 Acres
- Property subtype
- RETAIL
Listing agent Adam Fike
Listing office Dovetail Commercial Real Estate (512) 468-5353
Listing date May 20, 2024
Source Moodyscre
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 Dovetail Commercial Real Estate
HighLights
- High Traffic Location: 17,217 vehicles per day.
- Large Lot Size: 46 acres with a 20,037 SF building.
- Flexible Zoning: C1 zoning allows for retail and auto repair uses.
- Existing Income: Currently operating as an oil change location with a second‑floor tenant.
- Ample Parking: 15 spaces with additional land available.
- Excellent Curb Appeal: Well‑maintained building with multiple ingress points.
Overview
Local Financial Insights For Retail
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 | $78.2k | $27.60 |
| − Vacancy | −$2.7k | −$0.94 |
| EGI | $75.6k | $26.66 |
| − OpEx | −$22.7k | −$8.00 |
| NOI | $52.9k | $18.66 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Raven Auto Body Inc. — 1804 S I-35 Frontage Rd UNIT 1, Round Rock, TX 78681
- Austin's Automotive Specialists — 1800 S I-35 Frontage Rd, Round Rock, TX 78681
- National Transmission — 1801-b kenney fort crossing, round rock, tx 78664
- Round Rock Windshield Repair & Auto Glass — 1800 Rawhide Loop, Round Rock, TX 78681
- A Plus Transmission Specialists — 1900 S I-35 Frontage Rd, Round Rock, TX 78681
Location Insight
- Map
- Local Demand
- City
- Round Rock
- County
- Williamson
- State
- Texas
- Longitude
- -97.6767
- Latitude
- 30.5039
