Auto Service Building with Roll-Up
New
For Sale
$345,000
1429 Webster Avenue, Waco, TX 76706
CommercialSale, Waco, TX
Property Size2,160 SF
Lot Size0.72 Acres
Price / SF$159.72
Days on Market1
Property Features for 1429 Webster Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
M-2
Parking features
On Street, Off Street
Subdivision
Campbell Etal
Lot features
Corner Lot
Directions
Driving north on Franklin Ave, take a right on 15th Street towards Webster Ave. The building will be on your left once you arrive at Webster.
Standard status
Active
APN
166352
Lot size
0.72 Acres
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Additional Details
Automotive Uses
auto repair, dealership/vehicle sales
Taxes and HOA fees
Tax Description
CAMPBELL ETAL Lot 14 Block 138 Acres .722
Legal Description
CAMPBELL ETAL Lot 14 Block 138 Acres .722
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
office area
restroom
Building Details
Year built
1988
Floors in Building
1
Number of units
1
Flooring type
Concrete
Buildings
1
Listing Agency:
Weichert, Realtors - The Eastland Group
Listed By:
Jonathan Olvera · License #0732294
(254) 235-5015
Added: Nov 5
Last Checked: Nov 5 at 10:06PM
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 auto shop has multiple roll-up bay doors, an office, and a restroom. Concrete flooring and central heating and air conditioning serve the interior. The property includes a 0.722-acre fenced lot, with on-street and off-street parking. It was built in 1988 and has public water and sewer service.
Located at 1429 Webster Avenue, the property occupies a corner in Waco and is close to downtown, the Silos District, and I-35. M-2 zoning is in place.
Located at 1429 Webster Avenue, the property occupies a corner in Waco and is close to downtown, the Silos District, and I-35. M-2 zoning is in place.
Key Highlights
- 2,160‑square‑foot building with multiple roll‑up bay doors
- 0.722‑acre fenced lot
- Office and restroom on site
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
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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, a fenced lot, and on-site office and restroom serve 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 building with multiple roll‑up bay doors; 0.722‑acre fenced lot; Office and restroom on site
