Downtown Retail or Office
407 S Main St Taylor, TX 76574
For Sale
Contact for pricing
Prime location in downtown Taylor, suitable for retail or office.
Property Size1,405 SF
Price / SF$569.40
Days on Market1011
Property Features for 407 S Main St
General Information
- Standard status
- Active
- Size
- 1,405 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1945
Listing Agency:
Texas Capital Real Estate, LLC
(512) 366-7894
Listed By:
Johan Borge · License #TX 0566856
Source:
Crexi
Added: Oct 17, 2023
Changed: Jul 6
Last Checked: Jul 23 at 6:46AM
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 Texas Capital Real Estate, LLC
Investment Insights
Based on property information with market context.
Located in downtown Taylor, this property offers a space for various business ventures. The property, currently configured as a 3-bedroom, 2-bathroom layout, can be adapted to suit different business needs at the tenant's expense. Potential uses include a cafe, barber shop, tattoo parlor, spa, salon, vape shop, or other retail businesses. It is also suitable for a home office, such as for an attorney or insurance agency. The property has a total size of 1405 square feet.
Key Highlights
- Prime downtown Taylor location in a rapidly developing business area.
- Versatile space suitable for various business types, such as cafe, barber shop, retail, or office.
- Potential for conversion to tenant's specific business needs.
Financial Insights For Retail
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 | $36.6k | $26.04 |
| − Vacancy | −$1.2k | −$0.89 |
| EGI | $35.3k | $25.15 |
| − OpEx | −$10.6k | −$7.55 |
| NOI | $24.7k | $17.61 |
1,405 SF · lease $26.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$353.4K
$309.3K – $412.3K
NOI $24,740 @ 7.0% cap · market cap 3.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$587.3K
$513.9K – $685.2K
NOI $41,113 @ 7.0% cap · market cap 5.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Friends of the Bride
Clothing & Fashion Store
74 Man Store
Clothing & Fashion Store
Texas Capital Real ...
Real Estate Agency
FAQs
What type of property is this?
Retail space - Prime location in downtown Taylor, suitable for retail or office.
Where is this retail space located?
The property is located at 407 S Main St Taylor, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Prime downtown Taylor location in a rapidly developing business area.; Versatile space suitable for various business types, such as cafe, barber shop, retail, or office.; Potential for conversion to tenant's specific business needs.
