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    924 Austin Ave Waco, TX 76701

    For Sale
    Contact for pricing

    Historic Waco retail space, prime location.

    Property size:
    30,240 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 30,240 square foot retail property, located at 924 Austin Ave in Waco, Texas (zip code 76701), presents a unique investment opportunity. Originally a Ford/Buick dealership and assembly plant, the building has undergone a comprehensive historical renovation. The property currently houses a mix of retail, office, and entertainment tenants, and features a desirable open floor plan with high ceilings and exposed brick. Its central location within Waco's C-4 central commercial district places it in close proximity to a vibrant mix of businesses, residences, and civic activities. The property's zoning encourages a diverse range of uses, ensuring continued vitality and community engagement. This prime location on Austin Avenue is just blocks from major attractions including Magnolia Market, Hotel, and Headquarters

    Property Features for 924 Austin Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    30,240 SF

    HighLights

    • Less than a quarter mile to the US District Court.
    • Less than a half mile to the McLennan County Courthouse.
    • Excellent walkability to abundant restaurants, retail, hotels, and entertainment venues.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wonder Bros Appliances ... Appliance Repair Service

    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
    -97.136212033689
    Latitude
    31.552923431841

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    FAQs

    What type of property is this?
    Lifestyle center - Historic Waco retail space, prime location.
    Where is this lifestyle center located?
    The property is located at 924 Austin Ave Waco, TX.
    What are key features of this property?
    This property features: Less than a quarter mile to the US District Court.; Less than a half mile to the McLennan County Courthouse.; Excellent walkability to abundant restaurants, retail, hotels, and entertainment venues.
    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
    924 Austin Ave Waco, TX 76701
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