620 N Main St, Taylor, TX 76574
2436 sqft office building featuring two entrances and garage.
- Added:
- Aug 25, 2024
- Days on Market:
- 666
- Last Refresh:
- May 13 at 8:25 pm
Property Features for 620 N Main St
General Information
- Standard status
- Active
- Size
- 2,436 SF
- Property subtype
- Other
Building Details
- Year Built
- 1935
Listing agent Julie Downs License #0352736
Listing office Tierra Grande Realty, LLC (737) 864-5330
Listing date Aug 25, 2024
Source Xome
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 Tierra Grande Realty, LLC
HighLights
- Complete engineered foundation
- 2436 sqft building with two separate entrances
- Dedicated parking in the rear of the building with 8 spaces and alley entrance
- Multiple office spaces and ample storage
- Detached garage and carport
- Enclosed porch allowing for open concept office space or workspace, and full kitchen
Overview
Local Financial Insights For Office B
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 | $102.3k | $42.00 |
| − Vacancy | −$24.9k | −$10.21 |
| EGI | $77.5k | $31.79 |
| − OpEx | −$19.4k | −$7.95 |
| NOI | $58.1k | $23.85 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Taylor
- County
- Williamson
- State
- Texas
- Longitude
- -97.4097017
- Latitude
- 30.5733244
