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Retail Strip Center
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512 N New Rd, Waco, TX 76710

Commercial center situated between N. Valley Mills Dr. and W. Waco Dr., across from First National Bank of McGregor.

Property Size47,915 SF
Days on Market143

Property Features for 512 N New Rd

General Information

Standard status Active
Size 47,915 SF
Property subtype Retail

Additional Details

Gross Income $398,000

Building Details

Tenancy Multi
Listing Agency: HARRELL Real Estate
Listed By: Hunter Harrell · License #TX-619933
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 1:31PM

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 HARRELL Real Estate

Investment Insights

Based on property information with market context.

This retail center contains approximately 47,915 square feet of commercial space. The property is positioned between N. Valley Mills Dr. and W. Waco Dr. in Waco, Texas, with First National Bank of McGregor located across the street. Its strip-center configuration provides a recognizable commercial setting along a developed roadway corridor.

Key Highlights

  • Approximately 47,915 SF of retail center space
  • Located between N. Valley Mills Dr. and W. Waco Dr.
  • Across from First National Bank of McGregor

Property Analytics

Current Use

Accent Printing & Copy ... Printing Service Farmers Insurance Insurance Agency

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Food Market Acupuncture Pet Grooming 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.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

595
Businesses Nearby
447k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 31% Dining 30% Apparel 22% Shops & Services 14%
Walmart Superstores
139,928 visits/mo 0.3 miles
Academy Sports + Outdoors Apparel
75,617 visits/mo 0.4 miles
Chick-fil-A Dining
54,210 visits/mo 0.4 miles
Murphy USA Shops & Services
33,637 visits/mo 0.3 miles
McDonald's Dining
29,931 visits/mo 0.3 miles

Demographics for 76710, TX

24,874
Population
12,391
Households
2
Avg Household Size
38
Median Age
32%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
2,675
Density / Sq Mi
$53,304
Median Household Income
$36,425
Median Earnings
$1,098
Median Rent
$229,000
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Strip mall - Commercial center situated between N. Valley Mills Dr. and W. Waco Dr., across from First National Bank of McGregor.
Where is this strip mall located?
The property is located at 512 N New Rd Waco, TX.
What are key features of this property?
This property features: Approximately 47,915 SF of retail center space; Located between N. Valley Mills Dr. and W. Waco Dr.; Across from First National Bank of McGregor
(254) 776-7599 Call to check price and availability
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