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    408 Valley Mills Dr Waco, TX 76710

    For Lease
    $9 SF/Yr

    High-traffic shopping center, 3 spaces available.

    Lot size:
    60,621 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This 60,621 square foot shopping center at 408 N Valley Mills Dr, Waco, TX 76710, offers exceptional visibility and accessibility. Built in 1986 and zoned C-3, the property boasts multiple drive entrances from Valley Mills Drive, providing convenient access to Highway 6, I-35, and Baylor University. The center is strategically positioned between Waco's major roadways and is anchored by Poco Loco Supermercado. Available spaces range from 1,800 to 5,676 contiguous square feet, with a minimum divisible space of 1,800 square feet. This thriving retail location benefits from its proximity to numerous national retailers, including Academy, Walmart, Lowe's, and others, as well as established local businesses such as Tractor Supply, Planet Fitness, and Jason's Deli. The property's strong tenant mix and high-traffic location make it an ideal investment opportunity for businesses seeking a prominent presence in the Waco market. McLennan County location offers a strong local economy and diverse customer base. This is a rare opportunity to secure retail space in a well-established and highly visible shopping center.

    Property Features for 408 Valley Mills Dr

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,621 SF
    Total Rate
    45465.75

    Building Details

    Year Built
    1986

    Unit(s) available at that property

    Space
    408-C
    Size
    5,676 SF
    Rate per SF
    $13
    Space
    410-I
    Size
    1,200 SF
    Rate per SF
    $13
    Space
    408-D
    Size
    1,817 SF
    Rate per SF
    $12

    HighLights

    • High‑traffic retail location in Waco's central business district.
    • Ample parking and excellent street visibility.
    • Anchored by Poco Loco Supermercado; neighboring tenants include Papa John's Pizza, Avis, and Boost Mobile.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nova Medical Centers Occupational Health Service B & J Nails Nail Salon Papa John's Pizza Pizza Restaurant Lendmark Financial Services ... Loan Agency Avis Car Rental Car Rental Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.16804878
    Latitude
    31.52756124

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic shopping center, 3 spaces available.
    Where is this lifestyle center located?
    The property is located at 408 Valley Mills Dr Waco, TX.
    What is the lease rate?
    The lease rate is $12-$13 SF/Yr.
    What are key features of this property?
    This property features: High-traffic retail location in Waco's central business district.; Ample parking and excellent street visibility.; Anchored by Poco Loco Supermercado; neighboring tenants include Papa John's Pizza, Avis, and Boost Mobile.
    Request Owner's contact information
    408 Valley Mills 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
    408 Valley Mills Dr Waco, TX 76710
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