Automotive Shop with Fenced
1429 Webster Avenue, Waco, TX 76706
For Sale
$345,000
CommercialSale, Waco, TX
Property Size2,160 SF
Lot Size0.72 Acres
Price / SF$159.72
Days on Market9
Property Features for 1429 Webster Avenue
General Information
Property type
Property subtype
Zoning description
Parking features
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Real Estate Included
Additional Details
Automotive Uses
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
office area
restroom
Building Details
Year built
Floors in Building
Number of units
Flooring type
Buildings
Listing Agency:
Weichert, Realtors - The Eastland Group
Listed By:
Jonathan Olvera · License TX #0732294
(254) 235-5015
Added: Nov 5
Changed: Nov 10
Last Checked: Nov 13 at 7:06PM
MLS# 21429050
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
The 2,160-square-foot automotive building dates to 1988 and includes multiple roll-up bays, an office, and a restroom. Concrete flooring and central heating and air conditioning serve the interior. The property also has a fenced lot measuring 0.722 acres, with public water and sewer service.
At 1429 Webster Avenue, the property occupies a corner location in Waco. Downtown Waco, the Silos District, and I-35 are identified as nearby destinations. Parking is available both on and off the street.
At 1429 Webster Avenue, the property occupies a corner location in Waco. Downtown Waco, the Silos District, and I-35 are identified as nearby destinations. Parking is available both on and off the street.
Key Highlights
- 2,160‑square‑foot automotive building with multiple roll‑up bays
- 0.722‑acre fenced lot
- Office and restroom within the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,170
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,400
$503.4K
Cap Rate 7%
$359,571
$359.6K
Cap Rate 9%
$279,667
$279.7K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$40.2K $18.60/SF
− Vacancy
−$4.2K −$1.95/SF
EGI
$36.0K $16.65/SF
− OpEx
−$10.8K −$4.99/SF
NOI
$25.2K $11.65/SF
Area
Waco, TX
Vacancy
10.50%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,400
Cap Rate 7%
$359,571
Cap Rate 9%
$279,667
Alternative Uses
Best Use
Retail
$359.6K
$314.6K – $419.5K
NOI $25,170 @ 7.0% cap · market cap 7.30%
Second Best
Industrial
$272.7K
$238.7K – $318.2K
NOI $19,092 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$569.9K
$498.6K – $664.9K
NOI $39,891 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,454
Businesses Nearby
18k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 61%
Hotels & Casinos 18%
Shops & Services 11%
Home Improvements & Furnishings 9%
Popeyes Louisiana Kitchen
Dining
7,481 visits/mo
0.5 miles
Roberto's Taco Shop
Dining
3,525 visits/mo
0.5 miles
La Quinta Inn & Suites Waco Downtown
Hotels & Casinos
3,217 visits/mo
0.5 miles
U-Haul
Shops & Services
1,685 visits/mo
0.4 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
1,036 visits/mo
0.5 miles
Demographics for 76706, TX
39,303
Population
16,600
Households
2.4
Avg Household Size
27
Median Age
23%
College-Educated
85%
High-School Grad
72.3 sq mi
ZIP Area
544
Density / Sq Mi
$42,277
Median Household Income
$23,954
Median Earnings
$1,063
Median Rent
$180,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- A A Texas Tires — 1500 n interstate 35 frontage rd, waco, tx 76706
- Chela's Tire Shop — 2517 Franklin Ave, Waco, TX 76710
- Omnisource United , Inc — 2100 webster ave, waco, tx 77040
- Salas Tire Service LLC — Waco, TX 76706
- Diaz Tire Shop — 725 S 18th St, Waco, TX 76706
Frequently Asked Questions
What type of property is this?
Auto shop - M-2 zoning and multiple vehicle-entry bays support automotive operations.
Where is this auto shop located?
The property is located at 1429 Webster Avenue Waco, TX.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 2,160‑square‑foot automotive building with multiple roll‑up bays; 0.722‑acre fenced lot; Office and restroom within the building
