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    1124 Washington Ave Waco, TX 76701

    Sponsored
    For Lease
    $17 SF/Yr

    Prime Waco location, flexible spaces available.

    Lot size:
    2,078 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional commercial property at 1124 Washington Avenue in Waco, Texas, offers a unique opportunity for businesses seeking versatile office space in a vibrant downtown setting. The property is zoned C-4 and features multiple tenancies, with two spaces currently available, ranging from 600 to 1,478 square feet. The building's flexible design accommodates a variety of uses, including traditional office spaces, creative office environments, studios, and personal service shops. Its central location places it amidst Waco's established downtown businesses, ensuring high visibility and excellent foot traffic. The property also provides the convenience of on-site parking, a significant advantage in a bustling urban area. This is an ideal location for businesses seeking a prominent presence in the heart of Waco, offering both accessibility and a strong sense of community. The property's diverse zoning allows for a range of business types, making it a highly adaptable and attractive investment. The available spaces provide ample room for growth and customization, catering to the specific needs of various businesses. With its combination of prime location, convenient amenities, and flexible space options, this property presents a compelling opportunity for businesses looking to establish or expand their operations in the thriving downtown Waco market. The zip code is 76701.

    Property Features for 1124 Washington Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,078 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    1,478 SF
    Rate per SF
    $17
    Space
    Available Space 1
    Size
    600 SF
    Rate per SF
    $31
    Property Profile Location Intelligence

    Current Use by Public Records

    Wild Roots Hair Salon The Black Daisy Boutique Boutique Pretty Woman Aesthetics Spa The Market @ Washington Ave Retail Space Rental Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    Mclennan
    State
    Texas
    Longitude
    -97.138754
    Latitude
    31.5521206

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    FAQs

    What type of property is this?
    Office space - Prime Waco location, flexible spaces available.
    Where is this office space located?
    The property is located at 1124 Washington Ave Waco, TX.
    What is the lease rate?
    The lease rate is $17-$31 SF/Yr.
    Request Owner's contact information
    1124 Washington Ave Waco, TX 76701
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    Waco, TX 76701
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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
    1124 Washington Ave Waco, TX 76701
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