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    1516 Austin Ave Waco, TX 76701

    For Lease
    $18 SF/Yr ($3,495 /Mo)

    Office space featuring dedicated offices, conference room, and breakroom.

    Property size:
    2,330 SF
    Lot size:
    1.14 Acres

    Property Features for 1516 Austin Ave

    General Information

    Size
    2,330 SF
    Lot size
    1.14 Acres

    Source: Cromwell Commercial Group Agent Caleb Loudamy

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

    Overview

    Office Space with Dedicated Offices

    This office space offers 2,330 square feet and includes on-site parking. The layout features five dedicated offices, a conference room or bullpen area, and a breakroom. Multiple bathrooms are also present.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Luna Juice Bar Juice Shop Tiny Hearts Boutique Boutique

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.1412751
    Latitude
    31.5480242

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    FAQs

    What type of property is this?
    Office space - Office space featuring dedicated offices, conference room, and breakroom.
    Where is this office space located?
    The property is located at 1516 Austin Ave Waco, TX.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - 5 dedicated offices offer private workspaces; - Conference room or bullpen provides flexible meeting or collaborative space; - On-site parking for convenience
    (254) 981-3036
    Request Owner's contact information
    1516 Austin Ave Waco, TX 76701
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    Waco, TX 76701
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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
    1516 Austin Ave Waco, TX 76701
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