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Retail Investment Property with 7% Cap
For Sale
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315 S University Parks Dr, Waco, TX 76701

For sale retail asset marketed with a 7.00% CAP rate.

Property SizeContact for details
Days on Market122

Property Features for 315 S University Parks Dr

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 7%
Listing Agency: Kelly Commercial
Listed By: Brad Wetzel · License #694170
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 2:25PM

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 for-sale retail property is presented with a 7.00% CAP rate. The offering is positioned as a retail investment opportunity based on the stated capitalization rate.

The property is located at 315 S University Parks Dr, Waco, TX 76701. Interested parties should review the full offering details and underwriting information to confirm income, expenses, and the basis for the marketed CAP rate.

Key Highlights

  • Retail property for sale marketed with a 7.00% cap rate

Property Analytics

Current Use

J-Petal & Poke’ Waco Restaurant Posh & Co Nail Salon CoinFlip Bitcoin ATM Atm Aclara Technologies. LLC Industrial Manufacturer Allsup’s Express Convenience ... Grocery & Convenience Store

Suggested Use

Top Pick Dental Office Electrical Service Kitchen & Bath Showroom Auto Parts Store (Bike/Boat/Book/etc) Store Locksmith

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

1,423
Businesses Nearby
38k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 51% Hotels & Casinos 44% Dining 5%
Wells Fargo Shops & Services
9,047 visits/mo 0.3 miles
Dollar General Shops & Services
6,306 visits/mo 0.4 miles
Hotel Indigo Waco - Baylor Hotels & Casinos
6,248 visits/mo 0.5 miles
Cambria Hotel Waco University Riverfront Hotels & Casinos
4,493 visits/mo 0.3 miles
Courtyard Waco Hotels & Casinos
3,740 visits/mo 0.1 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail asset marketed with a 7.00% CAP rate.
Where is this retail space located?
The property is located at 315 S University Parks Dr Waco, TX.
What are key features of this property?
This property features: Retail property for sale marketed with a 7.00% cap rate
(254) 709-9703 Call to check price and availability
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