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    1723 Valley Mills Dr Waco, TX 76711

    For Lease
    Contact for pricing

    Prime Waco location, drive-thru ready.

    Lot size:
    1,792 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1,792 square foot retail property, situated on a 16,800 square foot lot, presents a unique investment opportunity in Waco, Texas. Located at 1723 S Valley Mills Dr, this freestanding building boasts a convenient drive-thru, making it ideal for a variety of restaurant concepts. The property is classified as Class C and features a single story design with 84 feet of frontage on S Valley Mills Dr, and cross access via Bagby Ave. The zoning is C-2 (Community Commercial District), allowing for a range of commercial uses. The building was previously a restaurant and underwent updates in 2020. With 1,792 square feet currently vacant, this space is immediately available. The lot size ranges from 16,800 to 37,400 square feet, offering potential for expansion or additional development. A new car wash is planned as a co-tenant, increasing foot traffic and visibility. This is a second-generation restaurant space with existing infrastructure in place, minimizing initial setup costs. The property's location in a high-traffic area near an HEB outparcel ensures strong visibility and accessibility. This is an excellent opportunity for investors seeking a turnkey retail space in a thriving Texas market.

    Property Features for 1723 Valley Mills Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,792 SF
    Class
    C

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Hard Corner
    Size
    16,117 SF
    Space
    1717 S. Valley Mills
    Size
    1,792 SF

    HighLights

    • Freestanding building in Waco's central business district.
    • 1,792 SF former restaurant with drive‑thru.
    • Excellent street visibility.
    • Convenient access to a major east‑west artery in South Waco.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto Glass Masters Auto Glass Shop BEAT'UM ON THE ROCK COIN ... Laundromat Franco's Auto Detailing Car Detailing Service Club Car Wash Car Wash

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -97.138434785353
    Latitude
    31.524754387319

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    FAQs

    What type of property is this?
    Restaurant - Prime Waco location, drive-thru ready.
    Where is this restaurant located?
    The property is located at 1723 Valley Mills Dr Waco, TX.
    What are key features of this property?
    This property features: Freestanding building in Waco's central business district.; 1,792 SF former restaurant with drive-thru.; Excellent street visibility.
    Request Owner's contact information
    1723 Valley Mills Dr Waco, TX 76711
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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
    1723 Valley Mills Dr Waco, TX 76711
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