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Taylor Flex Space Opportunity
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190 Ninety Four Ln, Taylor, TX 76574

Flex space near Samsung plant with industrial, office, retail potential.

Property Size26,500 SF
Price / SF$207.55
Days on Market827

Property Features for 190 Ninety Four Ln

General Information

Standard status Active
Size 26,500 SF
Class B
Property subtype Industrial
Zoning ETJ
Occupancy 92%
Lease Type NNN

Building Details

Year Built 2024
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Seeker Commercial
Listed By: Gracie Matthews · License #TX
Source: Crexi
Added: Jul 10, 2024 Changed: Oct 10 Last Checked: Oct 12 at 7:41PM

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 Seeker Commercial

Investment Insights

Based on property information with market context.

This 26,500 square foot property is located on US 79, offering convenient access via a loop. It is situated less than 7 minutes by car from the Samsung Taylor fabrication plant. The property features 3-phase, 208V power, accommodating a variety of tenants and users. Each suite includes a 12' x 14' grade-level roll-up door. The first floor offers contiguous space, with the option to add a second-floor mezzanine. Tenant improvement construction options are available, with flexible demisable suite sizes. Located within the Taylor ETJ zoning area, the property provides flexibility for various uses, including industrial, flex, office, or retail purposes.

Key Highlights

  • Prime location on US 79 with easy loop access and proximity to Samsung Taylor fabrication plant (less than 7 minutes).
  • Flexible Taylor ETJ zoning allows for industrial, flex, office, or retail use.
  • Large contiguous 26,500 SF on the first floor**, with option to add a second floor mezzanine.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$237,105
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,742,100 $4.7M
Cap Rate 7%
$3,387,214 $3.4M
Cap Rate 9%
$2,634,500 $2.6M
Market Conditions
NOI Build-Up for 26,500 SF
Gross rent
$394.3K $14.88/SF
− Vacancy
−$55.6K −$2.10/SF
EGI
$338.7K $12.78/SF
− OpEx
−$101.6K −$3.83/SF
NOI
$237.1K $8.95/SF
Area
Williamson County, TX
Vacancy
14.10%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,742,100
Cap Rate 7%
$3,387,214
Cap Rate 9%
$2,634,500

Alternative Uses

Best Use
Industrial
$3.39M
$2.96M – $3.95M (±1% cap)
NOI $237,105 @ 7.0% cap · market cap 4.31%
Second Best
Flex RnD
$3.15M
$2.75M – $3.67M (±1% cap)
NOI $220,169 @ 7.0% cap · market cap 4.00%
Theoretical Best
Office A
$11.08M
$9.69M – $12.92M (±1% cap)
NOI $775,437 @ 7.0% cap · market cap 14.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Location Intelligence

Trade Area within ½ mile

Well-served
Demand for This Use

Demographics for 76574, TX

19,366
Population
8,458
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
86%
High-School Grad
149.0 sq mi
ZIP Area
130
Density / Sq Mi
$72,805
Median Household Income
$40,994
Median Earnings
$1,167
Median Rent
$252,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Flex space near Samsung plant with industrial, office, retail potential.
Where is this flex space located?
The property is located at 190 Ninety Four Ln Taylor, TX.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Prime location on US 79 with easy loop access and proximity to Samsung Taylor fabrication plant (less than 7 minutes).; Flexible Taylor ETJ zoning allows for industrial, flex, office, or retail use.; Large contiguous 26,500 SF on the first floor**, with option to add a second floor mezzanine.
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