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    512 North New Rd Waco, TX 76710

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    For Lease
    $12 SF/Yr

    Newly remodeled retail space with excellent access and visibility.

    Property size:
    43,437 SF
    Lot size:
    43,437 SF

    Property Features for 512 North New Rd

    General Information

    Size
    43,437 SF

    Source: Pat Farrar Agent Pat Farrar

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space in Waco

    Available for lease is a redeveloped retail space ranging from 1,200 to 20,000 square feet. The property features excellent access and visibility, making it suitable for various retail and office uses. Located in the heart of Waco, on New Road, between Waco Drive and Valley Mills Drive, the center benefits from multiple curb cuts between two lit intersections, high traffic counts, and great visibility. The City of Waco C3 Zoning accommodates a wide assortment of business needs, blending together into a complimentary tenant mix. The property has been newly remodeled and features attractive storefronts. The property size is 43,437 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Accent Printing & Copy ... Digital Printing Service Farmers Insurance Health Insurance Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Similar Places Nearby

    Waco Commons, Coinstar Kiosk | Bitcoin ATM, Westview Village, Brazos Place Shopping Center, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.1674967
    Latitude
    31.5189119

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    FAQs

    What type of property is this?
    Shopping center - Newly remodeled retail space with excellent access and visibility.
    Where is this shopping center located?
    The property is located at 512 North New Rd Waco, TX.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Prime retail space available, ranging from 1,200 to 20,000 sf.; - Excellent visibility and access for your business.; - Located in the heart of Waco on New Road.
    (254) 749-0613
    Request Owner's contact information
    512 North New Rd Waco, TX 76710
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    Waco, TX 76710
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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
    512 North New Rd Waco, TX 76710
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