1105 S MAYS STREET, ROUND ROCK, TX 78664
Homes for sale in Round Rock.
Homes for sale in 78664.
List Price$1,725,000
1105 S Mays Street
Round Rock, TX 78664
Listing #9006443
About This Property
Rare stabilized NNN investment opportunity on Round Rock's premier commercial corridor, 1105 S. Mays Street, 5,025 SF, 4-suite multi-tenant commercial building on 0.53 acres, C-1 zoning, 100% occupied. Three of four tenants on NNN leases have taxes, insurance, and CAM passed through above the base year, minimizing landlord expense exposure. Gross income $9,584/month ($115,008 annually) from day one. Price: $1,725,000 ($343/SF) priced below corridor comparables and well below the Round Rock retail market average of $869/SF. 26 on-site surface parking spaces, 5.0 ratio. Flood Zone X OUT (1,636 ft to 100-yr flood plain, FEMA confirmed). Built 1997, brick veneer/frame, C-1 General Commercial zoning. Ideally positioned 0.75 miles north of Downtown Round Rock and approximately 1 mile from Dell Technologies World Headquarters and Switch Inc. hyperscale data center campus. Williamson County top-ranked growth county in Texas. 1-mile population projected +12.4% by 2030. 3-mile median household income $89,978. Excellent 1031 Exchange candidate stabilized NNN income, diversified tenant base, staggered lease expirations. Value-add opportunity: one MTM gross lease conversion to NNN term increases NOI with no capital investment. Tenant and suite details available upon execution of the confidentiality agreement. Showing by appointment only listing agent must be present. 24-hour advance notice required.
Property Features
Location Information
County
Williamson
Subdivision
Southview Add
County
Williamson
Directions
Traveling S on Mays St from the Downtown Round Rock property on the right approx 0.75 mi south of Main St. Monument sign reads 1105. Park in the front lot.
Area
RRE
Interior Features
Heating
Central
Disabled Features
See Remarks
Floors
Concrete, Laminate, Tile, Vinyl
Accessibility
See Remarks
Exterior Features
Style
Brick, Brick Veneer
Parking Description
Asphalt, Common, Lighted, Open, Paved, Parking Lot
Is New Construction
No
Lot Size in Acres
0.53
Construction/Exterior
Brick, Brick Veneer
Zoning
Zoned C-1 General Commerc
Foundation
Slab
Buildings
1
Possession
Close Of Escrow
Road Description
Asphalt, Paved
Water / Sewer
Public Sewer
Has Waterfront
No
Water
Public
Is One Story
Yes
Additional Information
Other Utilities
Electricity Connected, Phone Available, Sewer Connected
APN
16538000000009
Property Type
COM
Status
Active
Property SubType
Retail
Documents Available
See Remarks
Year Built
1997
Similar Listings
Mortgage Calculator
$8,055
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$6,216
Monthly Tax
$1,437
Monthly Insurance
$402
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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