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    18Th St Waco, TX 76708

    For Sale
    $85,000

    Half-acre lot, prime Waco location, O-3 zoning.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 0.41-acre commercial lot presents a remarkable investment opportunity in the thriving city of Waco, Texas. Located at TBD N 18th Street, this property boasts a highly desirable location, just five minutes from McLennan Community College and eleven minutes from Baylor University. Its strategic position within Waco ensures easy access to a wealth of amenities, including a variety of shops, restaurants, grocery stores, and convenience stores, guaranteeing high visibility and foot traffic for any business venture. Currently subdivided into two lots but being sold as a single parcel, this property offers significant flexibility for development. The O-3 zoning designation opens up a wide range of possibilities, making it ideal for a diverse array of commercial uses or even a new residential construction project. The substantial size of the lot provides ample space for building a substantial structure or creating a unique outdoor space to complement your business. This is a rare chance to acquire a large, well-situated lot in a rapidly growing area of Waco. Don't miss this chance to secure your future in a vibrant and dynamic community. The property is ready for your vision and creative development.

    Property Features for 18Th St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    17,860 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.14425
    Latitude
    31.54673

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    FAQs

    What type of property is this?
    Commercial real estate - Half-acre lot, prime Waco location, O-3 zoning.
    Where is this commercial real estate located?
    The property is located at 18Th St Waco, TX.
    What is the asking price?
    The asking price for this property is $85,000.
    (254) 235-5015
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    18Th St 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
    18Th St Waco, TX 76708
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