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    811 Maxfield St Waco, TX 76705

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    For Sale
    Contact for pricing

    Commercial building in Waco, Texas, suitable for retail or office.

    Property size:
    5,198 SF
    Lot size:
    0.23 Acres

    Property Features for 811 Maxfield St

    General Information

    Size
    5,198 SF
    Lot size
    0.23 Acres

    Source: BZR Commercial Realty Agent Parvez Malik

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

    Overview

    Waco Commercial Building For Sale

    This commercial building in Waco, Texas, offers approximately 5,198 square feet of space. Constructed of concrete, the property is currently zoned B1 Commercial. The building is suitable for retail or office use and presents an opportunity for a family-owned business. The current lease generates approximately $28,800 in annual income on a month-to-month basis. The buyer has the option to continue the lease or occupy the space. The property has a net operating income of approximately $23,000 and a CAP Rate of 8%. The building can be repurposed to other retail uses and is located in a neighborhood business area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Young Expression Day ... Day Care Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.1018434
    Latitude
    31.5898598

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    FAQs

    What type of property is this?
    Office space - Commercial building in Waco, Texas, suitable for retail or office.
    Where is this office space located?
    The property is located at 811 Maxfield St Waco, TX.
    What are key features of this property?
    This property features: - High CAP Rate: 8%; - Significant Net Operating Income (NOI) of approximately $23,000; - Flexible Usage with buyer option to continue lease or occupy the space
    (817) 845-2896
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    811 Maxfield St Waco, TX 76705
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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
    811 Maxfield St Waco, TX 76705
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