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    1017 Austin Ave Waco, TX 76701

    For Lease
    $20 SF/Yr ($12,298 /Mo)

    Waco, TX retail space: prime location.

    Lot size:
    7,379 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail opportunity presents 7,379 square feet of available space in a prime Waco, Texas location at 1017-1019 Austin Avenue, zip code 76701. Situated in McLennan County, this property is zoned C-4 and offers multiple tenancy options. The space is available for lease or purchase, with a minimum divisible unit of 2,400 square feet and a maximum contiguous space of 7,379 square feet. Currently, the entire 7,379 square feet is vacant. The building features large front windows facing Austin Avenue, Waco's most popular street, ensuring high visibility and foot traffic. This location benefits from its proximity to thriving businesses, including the Dottie Oaks retail and residential development, Milo All Day, and Balcones Distilling. It's also within easy reach of Columbus Avenue Baptist Church, Union Hall, and the Silos, further enhancing its appeal and accessibility. This is a rare chance to secure a highly visible and desirable retail space in a vibrant and growing area of Waco. The property's strategic location and ample space make it ideal for a variety of retail uses.

    Property Features for 1017 Austin Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,379 SF
    Total Rate
    12298.33

    Unit(s) available at that property

    Space
    Available Space
    Size
    7,379 SF
    Rate per SF
    $20

    HighLights

    • Lease or purchase opportunity 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 Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -97.13700783
    Latitude
    31.55222378

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    FAQs

    What type of property is this?
    Retail property - Waco, TX retail space: prime location.
    Where is this retail property located?
    The property is located at 1017 Austin Ave Waco, TX.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Lease or purchase opportunity available.; Prime Austin Avenue location.; Excellent neighboring businesses including Dottie Oaks, Milo All Day, and Balcones Distilling.
    Request Owner's contact information
    1017 Austin 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
    1017 Austin Ave Waco, TX 76701
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