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    405 Main St Taylor, TX 76574

    For Sale
    $850,000

    Profitable Mexican Restaurant, High Traffic Area

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a thriving Mexican restaurant located at 405 S Main St, Taylor, TX 76574. The 2,000 square foot, single-story building sits on a 5,227 square foot lot and is zoned B2. Built in 1960 and extensively renovated in 2019, the property boasts recent updates including new wiring, roof, insulation, and flooring, along with kitchen improvements. Currently operating at 100% occupancy since November 30, 2022, the restaurant benefits from a high-traffic location on Hwy 95 in downtown Taylor. The Net Lease (NNN) agreement has a remaining term of approximately 1.4 years, expiring April 30, 2026, with a lease commencement date of April 15, 2024. The asking price is $850,000, representing a price per square foot of $425 and a 5.41% cap rate. The property generates a Net Operating Income (NOI) of $45,960. This is a turnkey operation ideal for investors seeking a strong return in a prime location. The property is offered for sale by owner. All information is believed to be accurate but is not guaranteed and should be independently verified.

    Property Features for 405 Main St

    General Information

    Property type
    Restaurants
    Square Feet
    2,000 SF
    Class
    B

    Building Details

    Year Built/Renovated
    1960/2019
    Buildings
    1
    Stories
    1

    HighLights

    • Thriving Mexican restaurant in high‑traffic downtown Taylor location.
    • 2,000 SF building on a 5,227 SF lot, B2 zoning.
    • Recently renovated (2019) with new roof, wiring, insulation, flooring, and kitchen upgrades.
    • 100% occupancy since November 30, 2022; Hwy 95 frontage.
    • NNN lease with approx. 1.4 years remaining (expires April 30, 2026); $850,000 asking price ($425/SF); 5.41% cap rate; $45,960 NOI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Taylor
    County
    Williamson
    State
    Texas
    Longitude
    -97.4087125
    Latitude
    30.5643678

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    FAQs

    What type of property is this?
    Restaurant - Profitable Mexican Restaurant, High Traffic Area
    Where is this restaurant located?
    The property is located at 405 Main St Taylor, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Thriving Mexican restaurant in high-traffic downtown Taylor location.; 2,000 SF building on a 5,227 SF lot, B2 zoning.; Recently renovated (2019) with new roof, wiring, insulation, flooring, and kitchen upgrades.
    Request Owner's contact information
    405 Main St Taylor, TX 76574
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    405 Main St Taylor, TX 76574
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