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    19Th St Waco, TX 76708

    For Sale
    $1,395,000

    Prime Waco development opportunity. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 4.82-acre commercial land parcel presents a significant development opportunity in Waco, Texas. Located on N 19th St, in McLennan County, zip code 76708, this property is zoned O-3: Office-Limited Commercial. The asking price is $1,395,000. Essential utilities (water, sewer, and electricity) are readily available through the City of Waco. Its strategic location adjacent to Premier High School Waco ensures high visibility and potential customer traffic. The property benefits from convenient access, situated within a 15-minute drive of both I-35 and Waco Regional Airport, providing excellent connectivity. This prime location, combined with its size, makes it suitable for a variety of commercial ventures, including retail centers, office complexes, or mixed-use developments. The surrounding community is well-established and growing, offering strong potential for future value appreciation. This is an ideal investment for developers seeking to capitalize on Waco's growth and the high-traffic location near the high school.

    Property Features for 0 19Th St

    General Information

    Property type
    Land
    Lot Size
    209,959 SF

    HighLights

    • Commercial Development Site with High Growth Potential
    • Adjacent to Waco's Premier High School
    • 15‑Minute Drive to I‑35 & Waco Regional Airport
    • Excellent Accessibility
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.183386206848
    Latitude
    31.590057990719

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    FAQs

    What type of property is this?
    Land - Prime Waco development opportunity. High-traffic location.
    Where is this land located?
    The property is located at 19Th St Waco, TX.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: Commercial Development Site with High Growth Potential; Adjacent to Waco's Premier High School; 15-Minute Drive to I-35 & Waco Regional Airport
    (254) 870-0050
    Request Owner's contact information
    19Th St Waco, TX 76708
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    Waco, TX 76708
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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
    19Th St Waco, TX 76708
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