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    6001 Waco Dr Waco, TX 76710

    For Lease
    $5 SF/Yr

    104,000 SF Former Dillard's

    Lot size:
    104,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 104,000 square foot commercial property, located at 6001 W Waco Dr in Waco, Texas, presents a unique investment opportunity. Previously occupied by a Dillard's department store within Richland Mall, this single-tenant space offers significant flexibility for a variety of uses. The C-3 zoning allows for retail, office, entertainment, and mixed-use developments, catering to a diverse range of business needs. Situated at the high-traffic intersection of Highway 84 and Highway 6, this property benefits from excellent visibility and accessibility. Richland Mall, the largest indoor shopping center between Dallas-Fort Worth and Austin, provides a strong anchor for this location, ensuring high foot traffic and brand recognition. The property is located in McLennan County, Texas, zip code 76710. This expansive space offers a blank canvas for creative redevelopment, capitalizing on its prime location and substantial square footage. The property is also available for sale. This is a rare opportunity to acquire a significant commercial property in a thriving Texas market.

    Property Features for 6001 Waco Dr

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    104,000 SF
    Total Rate
    43333.33

    Unit(s) available at that property

    Space
    Size
    104,000 SF
    Rate per SF
    $5
    Property Profile Insight Report 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
    -97.188668238599
    Latitude
    31.515040342812

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    FAQs

    What type of property is this?
    Individual retail property - 104,000 SF Former Dillard's
    Where is this individual retail property located?
    The property is located at 6001 Waco Dr Waco, TX.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    Request Owner's contact information
    6001 Waco Dr Waco, TX 76710
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    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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