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    510-514 Austin Ave Waco, TX 76701

    For Lease
    $30 SF/Yr

    Historic Waco Office Space Available Now

    Lot size:
    50,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional executive office space, located at 510-514 Austin Avenue in Waco, Texas, offers 1,697 square feet of immediately available space within a larger 50,000-square-foot building. The property, built in 1920, is a three-story structure situated in McLennan County, boasting a prestigious address in a vibrant Texas city. The building is comprised of multiple tenancies, providing a diverse and dynamic work environment. Units as small as 1,500 square feet are available, making it suitable for businesses of various sizes. The available space presents a unique opportunity to establish a presence in a historic building with modern functionality. The building's location in Waco, Texas, zip code 76701, offers convenient access to local amenities and transportation networks. This is an excellent opportunity to secure high-quality office space in a desirable location. The property's classic architecture blends seamlessly with the modern conveniences needed for a thriving business. The available space is ready for immediate occupancy, allowing for a swift and efficient transition for your business. Don't miss this chance to secure your ideal workspace in the heart of Waco.

    Property Features for 510-514 Austin Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,000 SF
    Total Rate
    125000

    Building Details

    Year Built
    1920
    Stories
    3

    Unit(s) available at that property

    Space
    Executive Office
    Size
    1,697 SF
    Rate per SF
    $30

    HighLights

    • 1,697 SF of immediately available executive office space in a 50,000 SF building at 510‑514 Austin Ave, Waco, TX 76701.
    • Prime location on historic Austin Avenue.
    • Building offers tenant improvement allowances and access to a rooftop terrace and break area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.132312989531
    Latitude
    31.556345011696

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Waco Office Space Available Now
    Where is this office property / space located?
    The property is located at 510-514 Austin Ave Waco, TX.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 1,697 SF of immediately available executive office space in a 50,000 SF building at 510-514 Austin Ave, Waco, TX 76701.; Prime location on historic Austin Avenue.; Building offers tenant improvement allowances and access to a rooftop terrace and break area.
    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
    510-514 Austin Ave Waco, TX 76701
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