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    1200 Richland Dr Waco, TX 76710

    For Lease
    Contact for pricing

    High-traffic Waco retail space available. Multiple units, flexible sizes.

    Lot size:
    191,559 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Parkdale Shopping Center presents a prime retail opportunity in Waco, Texas, situated at a key intersection. This established center boasts 191,559 square feet of total building space, offering multiple tenancy options. Currently, 34,502 square feet of space is available for lease, with units ranging from a minimum of 250 square feet to a maximum contiguous space of 12,000 square feet. The property sits on a substantial 16.28-acre lot and was built in 1973. Ample parking is provided, with a ratio of 4.6 spaces per 1,000 square feet. The center enjoys a strong tenant mix, including over 50 national and regional businesses. Its strategic location offers excellent accessibility and visibility, further enhanced by its proximity to Baylor University, just 5 miles away. This presents a unique chance to establish or expand your retail presence in a thriving Waco market within a well-established shopping center. The property is located in McLennan County. Contact us today to learn more about leasing opportunities.

    Property Features for 1200 Richland Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    191,559 SF

    Building Details

    Year Built
    1973

    Unit(s) available at that property

    Space
    SUITE 200
    Size
    2,317 SF
    Space
    SUITE 110A
    Size
    12,000 SF
    Space
    SUITE 110B
    Size
    7,074 SF
    Space
    SUITE 130
    Size
    2,920 SF
    Space
    Suite 207
    Size
    250 SF
    Space
    Suite 208
    Size
    1,613 SF
    Space
    SUITE 250
    Size
    2,053 SF
    Space
    SUITE 255
    Size
    6,275 SF

    HighLights

    • Retail property totaling 191,559 square feet.
    • Multi‑tenant property with 8 spaces available, ranging from 250 to 12,000 square feet.
    • 34,502 square feet of vacant space currently available.
    • Situated on a 16.28‑acre lot in McLennan County.
    • Built in 1973, with approximately 4.6 parking spaces per 1,000 square feet.
    • Strategically located at a key Waco intersection, five miles from Baylor University, and anchored by over 50 national and regional tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hobby Lobby Craft Store Endeavor, formerly Bosque ... Physical Therapist Parkdale Shopping Center Shopping Mall Endeavor Physical Therapy ... Physical Therapist Rebecca Wittner Physical Therapist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.1950229
    Latitude
    31.5295758

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    FAQs

    What type of property is this?
    Retail property - High-traffic Waco retail space available. Multiple units, flexible sizes.
    Where is this retail property located?
    The property is located at 1200 Richland Dr Waco, TX.
    What are key features of this property?
    This property features: Retail property totaling 191,559 square feet.; Multi-tenant property with 8 spaces available, ranging from 250 to 12,000 square feet.; 34,502 square feet of vacant space currently available.
    Request Owner's contact information
    1200 Richland Dr Waco, TX 76710
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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
    1200 Richland Dr Waco, TX 76710
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