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    6001 Waco Dr Waco, TX 76710

    Sponsored
    For Sale
    $7,000,000

    Prime Waco location, 104,000 sq ft, $7M

    Property size:
    104,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 104,000 square foot mixed-use property, located at 6001 W Waco Dr in Waco, Texas, presents a significant investment opportunity. Situated on a 9.18-acre lot at the intersection of Highway 84 and Highway 6, this former Dillard's department store within Richland Mall offers unparalleled visibility and accessibility. Richland Mall's status as the largest indoor shopping center between Dallas-Fort Worth and Austin ensures high foot traffic and strong brand recognition. The property's versatile layout is ideal for a variety of uses, including retail, office space, entertainment venues, or a combination thereof, making it suitable for creative office spaces, traditional office setups, and storefronts. The asking price is $7,000,000. The property's size and prime location in McLennan County, Texas (zip code 76710), offer substantial potential for significant return on investment. Leasing options may also be considered. This is a rare opportunity to acquire a substantial commercial property in a thriving Texas market. The property's expansive footprint and strategic location within a major shopping center provide a unique blend of retail and office potential. Don't miss this chance to own a piece of Waco's commercial landscape.

    Property Features for 6001 Waco Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    104,000 SF
    Lot Size
    399,881 SF

    HighLights

    • $7,000,000 asking price.
    • 104,000 square feet, mixed‑use property (Office, Retail).
    • 9.18‑acre lot.
    • Former Dillard's department store at Richland Mall.
    • High‑traffic location at Hwy 84 & Hwy 6 intersection.
    • Located in Waco, TX, 76710.
    Property Profile Location Intelligence

    Current Use by Public Records

    francesca's Shoe Store Earthbound Trading Co Clothing Store Hot Topic Clothing Store Dillard's Cosmetics Store Richland Mall Shopping Mall

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.188993759465
    Latitude
    31.514941011925

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    FAQs

    What type of property is this?
    Individual retail property - Prime Waco location, 104,000 sq ft, $7M
    Where is this individual retail property located?
    The property is located at 6001 Waco Dr Waco, TX.
    What is the asking price?
    The asking price for this property is $7,000,000.
    What are key features of this property?
    This property features: $7,000,000 asking price.; 104,000 square feet, mixed-use property (Office, Retail).; 9.18-acre lot.
    Request Owner's contact information
    6001 Waco 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
    6001 Waco Dr Waco, TX 76710
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