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Waco Commercial Property Investment Opportunity
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317 N 18th St, Waco, TX 76701

Versatile commercial property in Waco with high ROI potential.

Property Size6,265 SF
Lot Size0.52 Acres
Price / SF$63.69
Days on Market195

Property Features for 317 N 18th St

General Information

Standard status Active
Size 6,265 SF
Class C
Lot size 0.52 Acres
Property subtype Mixed Use, Office, Retail, Special Purpose
Zoning C-3
Investment Type Owner/User

Building Details

Year Built 1955
Year Renovated 2000
Buildings 1
Stories 1
Listing Agency: Bentwood Realty
Listed By: Cody Powell · License #TX 9000631
Source: Crexi
Added: Feb 16 Changed: Aug 21 Last Checked: Aug 29 at 12:28AM

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 Bentwood Realty

Investment Insights

Based on property information with market context.

Located at 317 N 18th St, Waco, TX 76701, this commercial property offers an investment opportunity. The property has a total of 6,235 square feet on a 0.52-acre lot. It is zoned C-3, making it suitable for various businesses. The property offers three tenant capacities and a pro forma potential income of $14-$18 per square foot per year, plus NNN, with a conservative CAP rate of 15%+. Situated in a TIF Zone, the property offers a "Whitebox" purchase option for customization. Pro forma calculations indicate a significant potential for ROI through capital improvements and a resale value projection of $1,100,000. The property presents a FIX, FILL, FLIP strategy with an estimated profit potential of $450,000.

Key Highlights

  • High potential CAP rate of 15%+
  • Pro forma potential income of $14-$18/sf/yr + NNN
  • Located in a TIF Zone

Property Analytics

Current Use

EVERYBODY'S Nightclub

Suggested Use

Top Pick Pharmacy Big Box & Wholesale Store Storage Facility Dental Office Carpet & Flooring Store HVAC Service

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

1,459
Businesses Nearby
41k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 38% Shops & Services 35% Groceries 24% Electronics 3%
La Michoacana Meat Market Groceries
9,759 visits/mo 0.4 miles
Shipley Do-Nuts Dining
8,898 visits/mo 0.1 miles
Dollar General Shops & Services
7,714 visits/mo 0.1 miles
El Charro Dining
6,814 visits/mo 0.1 miles
AutoZone Shops & Services
5,311 visits/mo 0.2 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Versatile commercial property in Waco with high ROI potential.
Where is this retail space located?
The property is located at 317 N 18th St Waco, TX.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: High potential CAP rate of 15%+; Pro forma potential income of $14-$18/sf/yr + NNN; Located in a TIF Zone
(254) 300-4800 Call to check price and availability
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