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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Commercial real estate
100 Main St, Round Rock, TX 78664-5222
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US82-4487245
Property summary
AI-generated overview
This exceptional two-story, Class B office building, originally constructed in 1890 and renovated in 2000, presents a unique opportunity in the heart of Downtown Round Rock. Located on the corner of Main and Mays Streets, this nationally recognized landmark boasts impressive visibility and convenient access to downtown restaurants. The building offers multiple suites, with a minimum divisible space of 825 square feet and a maximum contiguous space of 2,970 square feet. Individual suites currently available range from 1,150 to 1,239 square feet and can be combined to accommodate larger tenants. The building features attractive 12-foot ceilings, adding to the spacious feel of the offices. Ample free parking is available in the lot to the northeast of the building. This property offers a blend of historical charm and modern functionality, making it an ideal location for businesses seeking a prestigious address in a vibrant downtown setting. The building's prominent location ensures high visibility and easy access for clients and employees alike. This is a rare opportunity to lease space in a truly iconic Round Rock building. The property is situated in Williamson County.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1998
Total area
5,280 SF
Lot
0.09 ac (3,750 SF)
Zoning code
H
APN
R-16-5120-0022-0009
UPID
US82-4487245
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Greenbelt Investment Advisors, LLC Financial Advisor
-
Farmers Insurance Insurance Agency
-
KMA Lending Group Loan Service Bank
-
Energy Systems Associates, Inc. Environmental Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$931k
Blend (final)
Blend
$1.02M
Owner & transaction history
Oakfield Main Rr LLC · 3 yrs held
Oakfield Main Rr LLC
since 2023
7 recorded transactions
Zoning & alternative use
H · Round Rock, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+69.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Round Rock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Round Rock submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,190,000
6.5%
$1,095,000
7%
$1,020,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$830,000
Current use
OFFICE BUILDING
$1,415,000
Change: +70% · Conversion: Easy
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$192 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$26,348
Tax year 2023
Assessed value
$1,759,423
Assessed 2023
Previous assessed
$1,759,423
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$615,300
Assessed improvement
$1,144,123
Land market value
$615,300
Improvement market value
$1,144,123
Total market value
$1,759,423
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1998
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Rooms
12
Bathrooms
2
Total area
5,280 SF
Lot
0.09 ac (3,750 SF)
Zoning code
H
APN
R-16-5120-0022-0009
UPID
US82-4487245
Jurisdiction
WILLIAMSON
Zoning & alternative use
H · Round Rock, TX
Zoning H · permitted uses
H · Round Rock, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Round Rock. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$830,000
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Heating
CENTRAL
Cooling
Yes
Stories
2
Rooms
12
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Oakfield Main Rr LLC
Entity
Mailing address
15720 STONE OAK ESTS CT, CYPRESS, TX 77429-6942
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2023
—
Oakfield Main Rr LLC
Rj Morris LLC
Special Warranty Deed
—
Feb 27, 2014
—
Rj Morris LLC
Morris,r J
Quit Claim Deed
related
—
Jan 6, 2014
—
R J Morris
Brown,james W
Grant Deed
$100,000 · James W Brown
—
—
R J Morris LLC
—
Deed Of Trust
related
$91,592 · Independent Bk
—
—
Morris & Brown Investments
—
Loan Modification
related
$337,068 · Independent Bk
—
—
Morris & Brown Investments
—
Deed Of Trust
related
$505,370 · Independent Bk Teravista
—
—
Morris Investments
—
Deed Of Trust
related
$537,300 · Wells Fargo Bank
—
—
Morris Investments
—
Loan Modification
related
$393,142 · Independent Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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