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    722 7Th St Waco, TX 76706

    Sponsored
    For Lease
    Contact for pricing

    Magnolia District land, build-to-suit option.

    Lot size:
    30,798 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 30,798 square foot pad site presents a unique investment opportunity in Waco, Texas' vibrant Magnolia District, conveniently located near Baylor University. Situated at 722 S 7th St, Waco, TX 76706 (31.5500206, -97.1270325), this property is zoned O-2, allowing for a variety of commercial uses including office and retail development. The site is offered as a ground lease or through a build-to-suit arrangement, providing flexibility for potential developers. This presents a rare chance to establish a presence in a high-growth area with strong demographics and significant foot traffic. The single-tenancy nature of the site offers streamlined management and potential for long-term lease agreements. The Magnolia District's proximity to Baylor University ensures a consistent flow of students, faculty, and visitors, creating a robust customer base for any commercial venture. This prime location offers excellent visibility and accessibility, making it an ideal site for a variety of businesses seeking to capitalize on the area's thriving economy and dynamic environment. Serious inquiries are encouraged to explore the possibilities of this exceptional Waco pad site. The property is available for lease.

    Property Features for 722 7Th St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,798 SF

    Unit(s) available at that property

    Space
    Size
    30,798 SF

    HighLights

    • 30,798 SF pad site in Waco, TX's Magnolia District.
    • Ground lease or build‑to‑suit options available.
    • Adjacent to Salad & Go, opening Q1 2025, with cross‑access and cross‑parking.
    • Excellent visibility and access; less than 1,000 feet from I‑35.
    • High‑traffic location near Baylor University (19,297 students) and Magnolia Silos (1.9M annual visitors).
    • Price upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Dental Office Building Supply Spa & Massage Law Firm 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
    -97.1270325
    Latitude
    31.5500206

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    FAQs

    What type of property is this?
    Land - Magnolia District land, build-to-suit option.
    Where is this land located?
    The property is located at 722 7Th St Waco, TX.
    What are key features of this property?
    This property features: 30,798 SF pad site in Waco, TX's Magnolia District.; Ground lease or build-to-suit options available.; Adjacent to Salad & Go, opening Q1 2025, with cross-access and cross-parking.
    Request Owner's contact information
    722 7Th St 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
    722 7Th St Waco, TX 76706
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