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Redevelopment Opportunity | 48,000 SF
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1201 Austin Ave, Waco, TX 76701

48,000 SF mixed-use, industrial, office, retail, residential property.

Property Size48,000 SF
Days on Market1130

Property Features for 1201 Austin Ave

General Information

Standard status Active
Size 48,000 SF
Property subtype Industrial, Mixed Use, Multifamily, Office, Retail
Zoning C-3
Listing Agency: Kelly Commercial
Listed By: Colt Kelly · License #TX 717734
Source: Crexi
Added: Jul 28, 2023 Changed: Aug 15 Last Checked: Aug 26 at 6:40AM

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 Kelly Commercial

Investment Insights

Based on property information with market context.

This property presents a redevelopment opportunity and encompasses 48,000 square feet. It is classified as a mixed-use property, an industrial property, an office property, a retail property, and a residential income property.

Key Highlights

  • Redevelopment opportunity
  • 48,000 SF

Property Analytics

Current Use

Waco Mural Resort

Suggested Use

Top Pick Dental Office Carpet & Flooring Store Kitchen & Bath Showroom Pharmacy Pet Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,055
Businesses Nearby

Demographics for 76701, TX

1,674
Population
1,029
Households
1.6
Avg Household Size
29
Median Age
32%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
1,522
Density / Sq Mi
$24,593
Median Household Income
$21,897
Median Earnings
$1,008
Median Rent

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 48,000 SF mixed-use, industrial, office, retail, residential property.
Where is this mixed-use property located?
The property is located at 1201 Austin Ave Waco, TX.
What are key features of this property?
This property features: Redevelopment opportunity; 48,000 SF
(254) 741-1500 Call to check price and availability
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