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    401 S 8Th St Waco, TX 76706

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    For Sale
    $1,500,000

    Development property next to Magnolia Silos with historic charm.

    Property size:
    3,500 SF

    Property Features for 401 S 8Th St

    General Information

    Size
    3,500 SF

    Building Details

    Year built
    1944

    Source: Josh Barrett Agent Josh Barrett

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

    Overview

    Silos Adjacent Development Opportunity

    This property, situated in the growing Silo District downtown, presents a rare opportunity for ownership adjacent to the Magnolia Silos. The property spans 0.68 acres and includes dedicated parking at the side and rear. An existing enclosed structure provides approximately 3,500 square feet of space. The historic railway building offers character and flexibility for renovation or redevelopment. The property is strategically located directly across from the Silos and includes land for on-site parking. It benefits from TIF Zone status and flexible C4 Zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    Ferny's The Retro Plant Shop, Baylor Flowers, St Florist & Flower Delivery Waco TX

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.131166
    Latitude
    31.551283

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    FAQs

    What type of property is this?
    Storefront property - Development property next to Magnolia Silos with historic charm.
    Where is this storefront property located?
    The property is located at 401 S 8Th St Waco, TX.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Prime location directly across from the Magnolia Silos; - .68 acres of land with dedicated on-site parking; - Located in a dynamic and growing downtown Silo District
    (254) 722-9587
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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
    401 S 8Th St Waco, TX 76706
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