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    5317 Speegleville Rd Waco, TX 76712

    Sponsored
    For Lease
    $28 SF/Yr

    New Office/Retail Development; Prime Location

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Introducing the Village Center at Kings Row, a premier new office and retail development poised to redefine the area's commercial landscape. This exciting project comprises four individual buildings, each offering 5,000 square feet of versatile space, totaling 20,000 square feet across the entire complex. Currently available are single-tenant office spaces ranging from 1,600 to 5,000 square feet, perfect for a variety of businesses. The development is designed to attract high-end office users, such as medical practices, and includes a unique opportunity: one building will feature a drive-thru, ideal for a pharmacy, retail outlet, or similar concept. The architectural plans envision an elevated experience for tenants, creating a sophisticated and modern workspace. Construction of Phase 1 is slated to commence in the third quarter of 2024, presenting a timely opportunity for businesses to secure their space in this highly anticipated development. This is an exceptional chance to establish a presence in a thriving, newly constructed commercial center. The flexible space options cater to a range of business needs, ensuring a perfect fit for your company's growth and expansion. Don't miss this opportunity to be part of a dynamic and forward-thinking commercial community.

    Property Features for 5317 Speegleville Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF

    Unit(s) available at that property

    Space
    Size
    5,000 SF
    Rate per SF
    $28

    HighLights

    • Office and land development opportunity.
    • Single‑tenant occupancy available.
    • 1,600 - 5,000 square feet of space.
    • New construction, projected completion Q3 2024.
    • Four 5,000 sq. ft. buildings totaling 20,000 sq. ft. One building includes drive‑thru potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lynridge of Waco Assisted ... Assisted Living Facility

    Suggested Use

    Realty agency Restaurant Dental Office Auto Repair Shop Wholesale Shop HVAC Service Convenience Store Furniture Store Storage Facility Senior Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    Mclennan
    State
    Texas
    Longitude
    -97.291691264019
    Latitude
    31.486626989096

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    FAQs

    What type of property is this?
    Land - New Office/Retail Development; Prime Location
    Where is this land located?
    The property is located at 5317 Speegleville Rd Waco, TX.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: Office and land development opportunity.; Single-tenant occupancy available.; 1,600 - 5,000 square feet of space.
    Request Owner's contact information
    5317 Speegleville Rd Waco, TX 76712
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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
    5317 Speegleville Rd Waco, TX 76712
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