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    1508 Speight Ave Waco, TX 76706

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    For Lease
    $24 SF/Yr ($5,000 /Mo)

    Retail space with high visibility and heavy foot traffic.

    Property size:
    2,500 SF
    Lot size:
    0.96 Acres

    Property Features for 1508 Speight Ave

    General Information

    Size
    2,500 SF
    Lot size
    0.96 Acres

    Source: Cromwell Commercial Group Agent Gregg Glime

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

    Overview

    Retail Space Near Baylor

    This retail space is located near Baylor student housing and offers high visibility from I-35. The I-35 expansion in front of the shopping center is complete. The property benefits from heavy pedestrian foot traffic and includes off-street parking, with additional parking available in the rear. The property size is 2500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Barefoot Campus Outfitter T-Shirt Store Giles Emergency AC ... Air Conditioning System Supplier Baylor Flowers Florist Jimmy John's Sandwich Shop Herbert Amos Clothier Clothing Store

    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.

    Similar Places Nearby

    Magnolia Farms, The Containery, Mary Avenue Market, The Wetterman Building

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.1277904
    Latitude
    31.536755

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      Waco Drive Retail/Office Space

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    FAQs

    What type of property is this?
    Shopping center - Retail space with high visibility and heavy foot traffic.
    Where is this shopping center located?
    The property is located at 1508 Speight Ave Waco, TX.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Highly visible from I-35; - Baylor student housing; - Heavy pedestrian foot traffic
    (254) 339-2200
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    1508 Speight Ave Waco, TX 76706
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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
    1508 Speight Ave Waco, TX 76706
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