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    2324 Market Place Dr Waco, TX 76711

    For Lease
    Contact for pricing

    High-visibility retail space in Waco, TX.

    Lot size:
    2,224 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional retail space, located at 2324 Marketplace Dr, Suite A & B in Waco, Texas (zip code 76711), offers a unique opportunity for businesses seeking a prominent presence in a thriving market. Built in 2017, this property is part of the Bagby Crossing development, situated at the main entrance to Central Texas Marketplace, Waco's largest power retail center. The space is a first-generation end-cap unit, ensuring excellent visibility and accessibility. The total building size is 2,224 square feet, currently entirely vacant and available for lease as a single unit. Flexible space options are available, ranging from a minimum of 1,112 square feet to a maximum contiguous area of 2,562 square feet. The property is classified as retail and land, and the building features a single suite. The property's location offers significant advantages, benefiting from the high traffic volume and established retail presence of the surrounding area. A large patio is also available for incorporation into the lease, making it particularly suitable for restaurants or other retail concepts that could benefit from outdoor seating. This is the last remaining space in this highly sought-after development.

    Property Features for 2324 Market Place Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,224 SF

    Building Details

    Year Built
    2017

    Unit(s) available at that property

    Space
    Size
    0 SF

    HighLights

    • High‑traffic location at the Central Texas Marketplace main entrance.
    • Highly visible end‑cap space.
    • Excellent location near Baylor University, major hospitals, and key employers.
    • Surrounded by new hotels, multifamily housing, and senior living facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Joint Chiropractic Chiropractor HOTWORX- Waco, TX ... Fitness Center Waco Parking Lot ... Asphalt Contractor Baylor Scott & White ... Sleep Clinic Waco CBD American ... Health And Beauty Shop

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    Mclennan
    State
    Texas
    Longitude
    -97.160830659899
    Latitude
    31.499865662412

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    FAQs

    What type of property is this?
    Lifestyle center - High-visibility retail space in Waco, TX.
    Where is this lifestyle center located?
    The property is located at 2324 Market Place Dr Waco, TX.
    What are key features of this property?
    This property features: High-traffic location at the Central Texas Marketplace main entrance.; Highly visible end-cap space.; Excellent location near Baylor University, major hospitals, and key employers.
    Request Owner's contact information
    2324 Market Place Dr Waco, TX 76711
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2324 Market Place Dr Waco, TX 76711
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