Listing Agency: Kelly Commercial

Listed By: Colt Kelly · License #TX 717734 Show Phone

Source: Crexi

Added: Feb 11, 2021 Changed: Aug 19 Last Checked: Aug 29 at 2:51AM

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Investment Insights

Based on property information with market context.

This one-acre tract is located in the Historic Elm Avenue District, an area experiencing new developments and redevelopment. The property is surrounded by multiple new projects, including three new hotels, Brotherwell brewery, a new mixed-use apartment and retail property, and the 'front porch' project. Situated just off I-35 and across the Brazos River from Downtown Waco, this property offers opportunities in a growth area.

Key Highlights

• Full city block (one acre) in the thriving Historic Elm Avenue District.
• Surrounded by new developments and redevelopment projects.
• Located in one of the most anticipated growth areas in Waco.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Law Firm Building Supply Electrical Service Skin Care Clinic HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

239

Businesses Nearby

Explore this area Business Placement

Demographics for 76704, TX

7,220

Population

3,703

Households

1.9

Avg Household Size

35

Median Age

8%

College-Educated

78%

High-School Grad

5.4 sq mi

ZIP Area

1,337

Density / Sq Mi

$24,208

Median Household Income

$24,363

Median Earnings

$788

Median Rent

$112,800

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - One-acre commercial land in Waco's thriving Elm Avenue District.

Where is this commercial land located?

The property is located at 305 Elm Ave Waco, TX.

What are key features of this property?

This property features: Full city block (one acre) in the thriving Historic Elm Avenue District.; Surrounded by new developments and redevelopment projects.; Located in one of the most anticipated growth areas in Waco.