1017-1019 Austin Ave, Waco, TX
Retail space available for lease or purchase on Austin Avenue.
- Added:
- Apr 21, 2025
- Days on Market:
- 426
- Last Refresh:
- May 20 at 8:21 pm
Property Features for 1017-1019 Austin Ave
General Information
- Standard status
- Active
- Size
- 7,379 SF
- Lot size
- 0.22 Acres
- Property subtype
- RETAIL
Properties For Sale
at 1017-1019 Austin Ave Contact usListing agent Gregg Glime License #0620081 (254) 339-2200
Listing office Cromwell Commercial Group (254) 339-2200
Listing date Apr 21, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Cromwell Commercial Group
HighLights
- Available for Lease or Purchase
- Located on the popular Austin Avenue
- Neighbors include Dottie Oaks Retail and Residential Condos
- Neighbors include Milo All Day
- Neighbors include Balcones Distilling
- Additional Property Details
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $137.2k | $18.60 |
| − Vacancy | −$14.4k | −$1.95 |
| EGI | $122.8k | $16.65 |
| − OpEx | −$36.9k | −$4.99 |
| NOI | $86.0k | $11.65 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Waco
- County
- McLennan
- State
- Texas
- Longitude
- -97.1372
- Latitude
- 31.5526