Spacious Commercial Building on
For Sale
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Pending
2675 Co Rd 374, Taylor, TX 76574
10,800 SF commercial building on 3.94 acres for sale.
Property Size10,820 SF
Lot Size3.94 Acres
Days on Market701
Property Features for 2675 Co Rd 374
General Information
Standard status
Pending
Size
10,820 SF
Lot size
3.94 Acres
Property subtype
Industrial, Mixed Use
Investment Type
Owner/User
Building Details
Year Built
2009
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
RE/MAX Associates Group
Listed By:
Erica Urbanovsky · License #TX 696619
(512) 365-8563
Source:
Crexi
Added: Oct 7, 2024
Changed: Aug 8
Last Checked: Jul 24 at 8:02AM
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 RE/MAX Associates Group
Investment Insights
Based on property information with market context.
This commercial building offers 10,800 square feet of space, including 9,000 square feet of heated and cooled area, situated on 3.94 acres. The property is suitable for industrial, warehousing, or distribution purposes. The building features a flexible, open layout that can be customized. The site provides ample space for parking and outdoor operations, with potential for future expansion.
Key Highlights
- Expansive 10,800 sqft commercial building with 9,000 sqft heating & cooled
- Large 3.94 acre lot
- Suitable for industrial, warehousing, or distribution purposes
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$146,070
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,921,400
$2.9M
Cap Rate 7%
$2,086,714
$2.1M
Cap Rate 9%
$1,623,000
$1.6M
Market Conditions
NOI Build-Up for 10,820 SF
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.
Gross rent
$259.7K $24.00/SF
− Vacancy
−$26.0K −$2.40/SF
EGI
$233.7K $21.60/SF
− OpEx
−$87.6K −$8.10/SF
NOI
$146.1K $13.50/SF
Area
Williamson County, TX
Vacancy
10.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,921,400
Cap Rate 7%
$2,086,714
Cap Rate 9%
$1,623,000
Alternative Uses
Best Use
Mixed Use
$2.09M
$1.83M – $2.43M
NOI $146,070 @ 7.0% cap · market cap 6.96%
Second Best
Warehouse
$1.56M
$1.36M – $1.82M
NOI $108,934 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$4.52M
$3.96M – $5.28M
NOI $316,612 @ 7.0% cap · market cap 15.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Freedom Mini Storage, 2621 County Road 374, Taylor, TX 76574 — 2621 Co Rd 374, Taylor, TX 76574
- CR 374 Truck Parking and Storage LLC — 2745 Co Rd 374, Taylor, TX 76574
- Circleville Grain LLC — 101 FM1331, Taylor, TX 76574
Frequently Asked Questions
What type of property is this?
Warehouse - 10,800 SF commercial building on 3.94 acres for sale.
Where is this warehouse located?
The property is located at 2675 Co Rd 374 Taylor, TX.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Expansive 10,800 sqft commercial building with 9,000 sqft heating & cooled; Large 3.94 acre lot; Suitable for industrial, warehousing, or distribution purposes
