Turnkey Standalone Office
750 S Mays St Round Rock, TX 78664
For Sale
$900,000
Standalone office building offers a flexible interior with multiple private rooms and ADA restrooms, plus a fenced outdoor yard.
Property Size1,779 SF
Price / SF$505.90
Days on Market113
Property Features for 750 S Mays St
General Information
- Standard status
- Active
- Size
- 1,779 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1960
Listing Agency:
Compass RE Texas, LLC
(512) 575-3644
Listed By:
Joe Keenan
Source:
Buttross
Added: Apr 4
Changed: Jul 25
Last Checked: Jul 25 at 5:13AM
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 Compass RE Texas, LLC
Investment Insights
Based on property information with market context.
A turnkey standalone building totaling 1,989 square feet, positioned as a flexible work or service space. The interior includes five private offices/classrooms, a reception lobby, open area for desks or activity space, and two ADA restrooms. The property also features updated plumbing fixtures and a new water supply line from the street, and the space has been deep cleaned. Site improvements include seven striped parking spaces and an oversized fenced yard suitable for outdoor seating, a secure play area, or additional parking.
The building is located on a high-visibility corner with approximately 170 feet of (+/-) frontage on S Mays. It is minutes to Downtown Round Rock, IH-35, and SH-45, providing convenient regional access.
General Commercial (C-1) zoning supports a range of uses, including daycare/early-learning center, professional or medical office, boutique retail, studio, wellness, and service business uses.
The building is located on a high-visibility corner with approximately 170 feet of (+/-) frontage on S Mays. It is minutes to Downtown Round Rock, IH-35, and SH-45, providing convenient regional access.
General Commercial (C-1) zoning supports a range of uses, including daycare/early-learning center, professional or medical office, boutique retail, studio, wellness, and service business uses.
Key Highlights
- 1,989 SF stand‑alone commercial building built in 1960 with flexible interior and outdoor space
- Corner lot with 170‑ft (+/-) frontage on S Mays; minutes to Downtown Round Rock, IH‑35, and SH‑45
- Interior includes 5 private offices/classrooms, reception lobby, open space, and 2 ADA restrooms
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 | $53.4k | $30.00 |
| − Vacancy | −$15.6k | −$8.79 |
| EGI | $37.7k | $21.21 |
| − OpEx | −$9.4k | −$5.30 |
| NOI | $28.3k | $15.91 |
1,779 SF · lease $30.00/SF/yr · vacancy 29.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$404.3K
$353.7K – $471.7K
NOI $28,299 @ 7.0% cap · market cap 3.14%
Second Best
Healthcare Medical
$362.3K
$317.0K – $422.7K
NOI $25,361 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$563.6K
$493.1K – $657.5K
NOI $39,451 @ 7.0% cap · market cap 4.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Little Miracles Christian ...
Daycare Center
FAQs
What type of property is this?
Office building - Standalone office building offers a flexible interior with multiple private rooms and ADA restrooms, plus a fenced outdoor yard.
Where is this office building located?
The property is located at 750 S Mays St Round Rock, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 1,989 SF stand‑alone commercial building built in 1960 with flexible interior and outdoor space; Corner lot with 170‑ft (+/-) frontage on S Mays; minutes to Downtown Round Rock, IH‑35, and SH‑45; Interior includes 5 private offices/classrooms, reception lobby, open space, and 2 ADA restrooms
