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    2524 La Salle Ave Waco, TX 76706

    Sponsored
    For Lease
    $20 SF/Yr ($5,000 /Mo)

    Prime Waco retail space, 3,000 sq ft, 1.1 acres.

    Lot size:
    3,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 2524 La Salle Ave in Waco, Texas, presents a unique investment opportunity. The building boasts a generous 3,000 square feet of space, situated on a sizable 1.1-acre lot. Its previous use as a 7-Eleven convenience store speaks to its high-traffic potential and established visibility within the community. The property is zoned C-3, offering flexibility for a variety of retail uses. The single-tenancy structure simplifies management and allows for immediate occupancy. This location in McLennan County, Texas, with a Waco zip code of 76706, benefits from excellent accessibility and strong local demographics. The property's size and zoning provide ample opportunity for expansion or adaptation to suit a wide range of retail businesses. This is an ideal opportunity for an entrepreneur seeking a well-positioned retail space in a thriving Texas market. The property is ready for immediate occupancy and offers significant potential for return on investment. Interested parties are encouraged to conduct their own due diligence to verify all information and assess the suitability of the property for their specific business needs.

    Property Features for 2524 La Salle Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,000 SF
    Total Rate
    5000

    Unit(s) available at that property

    Space
    Size
    3,000 SF
    Rate per SF
    $20

    HighLights

    • 3,000 SF retail building on a 1.1‑acre lot in Waco, TX.
    • Gas pumps removed.
    • Excellent I‑35 visibility; minutes from Baylor University and Downtown Waco.
    • Prime location near Magnolia Table, Rudy's, and Texas Roadhouse.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -97.1307008
    Latitude
    31.5240604

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    FAQs

    What type of property is this?
    Retail property - Prime Waco retail space, 3,000 sq ft, 1.1 acres.
    Where is this retail property located?
    The property is located at 2524 La Salle 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: 3,000 SF retail building on a 1.1-acre lot in Waco, TX.; Gas pumps removed.; Excellent I-35 visibility; minutes from Baylor University and Downtown Waco.
    Request Owner's contact information
    2524 La Salle Ave Waco, TX 76706
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    Waco, TX 76706
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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
    2524 La Salle Ave Waco, TX 76706
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