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    1017 Austin Ave Waco, TX 76701

    Sponsored
    For Sale
    Contact for pricing

    Prime Austin Ave retail space: lease or buy.

    Property size:
    2,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity presents 2,400 to 7,379 square feet of commercial condo space situated on Waco's highly sought-after Austin Avenue. The property, zoned C-4, features large front windows providing excellent street visibility. These units are available for both lease and purchase under a NNN lease structure. The location offers unparalleled exposure, neighboring the thriving Dottie Oaks Retail and Residential Development, Milo All Day, and Balcones Distilling. This vibrant area is just blocks from Columbus Avenue Baptist Church and a short distance from Union Hall and the Silos, ensuring high foot traffic and visibility. The flexible space caters to a variety of retail businesses seeking a prominent location in a dynamic and growing Waco neighborhood. This is a rare chance to secure a retail presence on one of Waco's most popular streets. The units are ideal for businesses seeking high visibility and proximity to established businesses and popular attractions. Don't miss this opportunity to establish your business in a prime Waco location.

    Property Features for 1017 Austin Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    2,400 SF

    HighLights

    • Lease or purchase options available.
    • Prime Austin Avenue location.
    • Excellent neighboring businesses including Dottie Oaks, Milo All Day, and Balcones Distilling.
    • Suites ranging from 2,400 to almost 7,000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Restaurant Building Supply Law Firm Dental Office Spa & Massage 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
    -97.137005442551
    Latitude
    31.55221733135

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Austin Ave retail space: lease or buy.
    Where is this lifestyle center located?
    The property is located at 1017 Austin Ave Waco, TX.
    What are key features of this property?
    This property features: Lease or purchase options available.; Prime Austin Avenue location.; Excellent neighboring businesses including Dottie Oaks, Milo All Day, and Balcones Distilling.
    Request Owner's contact information
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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
    1017 Austin Ave Waco, TX 76701
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