1105 S MAYS STREET, ROUND ROCK, TX 78664

Homes for sale in Round Rock.

Homes for sale in 78664.


Active

List Price$1,725,000

1105 S Mays Street

Round Rock, TX 78664

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #9006443

5,025

Square Feet

Commercial

Type

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

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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.

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