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    526 Austin Ave Waco, TX 76701

    Sponsored
    For Lease
    $6 SF/Yr ($5,676 /Mo)

    Historic building, 10,480 sq ft, high foot traffic

    Lot size:
    10,480 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This impeccably remodeled historic building at 526 Austin Ave, Waco, TX 76701, offers 10,480 square feet of commercial office space in a prime downtown location. The property features a single suite across the entire building, ideal for a large tenant or a business seeking a unique and prestigious address. Situated at the intersection of Austin Avenue and Sixth Street, it benefits from high foot traffic and easy access to major thoroughfares. The building's exterior showcases a blend of modern design and historical charm, reflecting a thoughtful renovation. The interior is ready for immediate occupancy, offering contemporary functionality within a timeless setting. Surrounded by a vibrant mix of shops, restaurants, and cultural attractions, this property provides an exceptional opportunity for businesses seeking a prominent presence in the heart of downtown Waco. The property is classified as both office and land, offering flexibility for various commercial uses. This is a legacy property, representing a rare chance to secure a significant and well-positioned commercial space in a thriving Texas city.

    Property Features for 526 Austin Ave

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,480 SF
    Total Rate
    5676.67

    Unit(s) available at that property

    Space
    Size
    10,480 SF
    Rate per SF
    $6

    HighLights

    • High visibility in Downtown Waco.
    • Located on the hard corner of Austin Ave. & Sixth St.
    • Historic building with 10,480 SF of office space, ideal for a single large tenant.
    • Tenant Improvement (TI) allowance available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Geyser City Kitchen ... Remodeler

    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
    -97.132630432016
    Latitude
    31.555884286905

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    FAQs

    What type of property is this?
    Land - Historic building, 10,480 sq ft, high foot traffic
    Where is this land located?
    The property is located at 526 Austin Ave Waco, TX.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: High visibility in Downtown Waco.; Located on the hard corner of Austin Ave. & Sixth St.; Historic building with 10,480 SF of office space, ideal for a single large tenant.
    Request Owner's contact information
    526 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
    526 Austin Ave Waco, TX 76701
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