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    1501 Herring Ave Waco, TX 76708

    For Sale
    $349,999

    Retail - Waco, TX

    Type:Retail
    Lot size:
    0.20 Acres
    Days on Market:
    34
    Last Refresh:
    Dec 13 at 9:06 am

    Property Features for 1501 Herring Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    181202
    Parking features
    Parking Lot
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1922
    Flooring type
    Concrete, Other, Wood
    Building materials
    Concrete
    Roof type
    Metal
    Architectural style
    Other

    Agents Of Texas, LLC (817) 501-2996

    Listing agent Mercedes Lane (817) 501-2996 License #746855

    Listing date Nov 10, 2025

    MLS# 21108757 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waco Retail Property Opportunity

    This commercial property features three buildings totaling over 12,500 square feet of versatile space. Situated on a corner lot, this property is suitable for business owners and investors. The property includes an additional vacant lot zoned O3, offering possibilities for expansion or additional development. The location provides easy access and high visibility, making it convenient for businesses. The spacious layout offers flexibility for a range of uses. The sale includes 1501, 1505, 1509, and 1513 Herring Avenue in Waco, Texas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pats State Inspection ... Thrift Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.157736
    Latitude
    31.569116

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    FAQs

    What type of property is this?
    Retail property - Versatile commercial space with development potential in Waco, Texas.
    Where is this retail property located?
    The property is located at 1501 Herring Ave Waco, TX.
    What is the asking price?
    The asking price for this property is $349,999.
    What are key features of this property?
    This property features: - Over 12,500 sq ft of versatile space across three buildings.; - Prime corner lot location with high visibility.; - Additional vacant lot (Zoned O3) included for expansion or development.
    (817) 501-2996
    Request Owner's contact information
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    Waco, TX 76708
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1501 Herring Ave Waco, TX 76708
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