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    4306 Memorial Dr Waco, TX 76711

    For Sale
    $450,000

    Business - Waco, TX

    Type:Business
    Lot size:
    0.34 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 4306 Memorial Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    480321000502001
    Lot size
    0.34 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1962
    Flooring type
    Carpet, Vinyl
    Building materials
    Block
    Roof type
    Composition
    Architectural style
    Other

    EG Realty (254) 218-4220 [email protected]

    Listing agent Huber Aguilar (254) 218-4220 License #0807103

    Listing date Nov 10, 2025

    MLS# 21104340 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

    Versatile Commercial Property Package Deal

    This property, located on Memorial Drive near Valley Mills Drive, includes 4306 Memorial Drive (0.34 acres) and two additional lots directly behind it: 1112 Holly Vista St (0.12 acres, zoned C-2) and 1114 Holly Vista St (0.05 acres, zoned R-1B), totaling a little over half an acre. The properties are securely fenced together. Formerly a daycare, the building features bright colors, open spaces, and a layout suitable for transformation into offices, studios, or a community space. The property includes seven different room layouts and five restroom areas. Improvements include a roof replaced in 2023, HVAC on the Holly Vista side replaced in 2022, an HVAC compressor in the kitchen area replaced in 2022, and a new system board and fan motor installed in 2024 for the HVAC closer to Memorial Drive. All plumbing and electrical systems were updated in 2014, and new flooring was installed in 2024.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brite Start Child ... Child Care Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -97.158013
    Latitude
    31.517617

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    FAQs

    What type of property is this?
    Storefront property - Former daycare with development potential on Memorial Drive.
    Where is this storefront property located?
    The property is located at 4306 Memorial Dr Waco, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Package deal: Three lots totaling over half an acre, all fenced together.; - Versatile building with 7 room layouts and 5 restrooms, **suitable for offices, studios, or community space.**; - **Prime location on Memorial Drive,** close to Valley Mills Drive.
    (254) 218-4220
    Request Owner's contact information
    4306 Memorial Dr Waco, TX 76711
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    Waco, TX 76711
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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
    4306 Memorial Dr Waco, TX 76711
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