Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2116 Columbus Ave Waco, TX 76701

    Sponsored
    For Sale
    $784,080

    Prime Waco industrial land, high-density zoning.

    Property size:
    39,204 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.9-acre lot at 2116 Columbus Ave, Waco, TX 76701, presents a unique development opportunity. Boasting 39,204 square feet of space and a 35-foot ceiling height, this warehouse property is zoned O-3, allowing for diverse uses. The property benefits from its strategic location within a Tax Increment Financing (TIF) zone designated by the City of Waco, offering potential incentives for development. Its prime location is surrounded by residential and commercial developments, providing excellent visibility and accessibility. The property enjoys significant road frontage: 237 feet on Columbus Avenue and 230 feet on Washington Avenue, ensuring convenient access. Easy access to Waco Drive and Franklin Avenue further enhances its appeal. Given the scarcity of development land in downtown Waco, this almost one-acre lot represents a rare and valuable investment opportunity. The high-density residential zoning opens doors to a variety of development possibilities. This property is priced at $784,080.

    Property Features for 2116 Columbus Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    39,204 SF
    Lot Size
    39,204 SF

    HighLights

    • Waco city TIF incentives available.
    • High‑density residential zoning.
    • 35‑foot height restriction.
    • Excellent location near residential and commercial properties.
    • Convenient access to Waco Drive.
    • 237 feet of frontage on Columbus Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    -97.14915414566
    Latitude
    31.544861355038

    Nearby Similar for Sale

    • $1,500,000
      2,684 SF

      36-Acre Brazos River Ranch

      Texas ranch featuring river frontage, pastures, and a brick home.
      203 River Ln, Waco, TX 76708
      View Details
    • $965,000
      0.19 Acres

      Spacious Duplex Near Baylor University

      Duplex near Baylor, converted to single-family with student rental potential.
      1915 S 7Th St, Waco, TX 76706
      View Details
    • $679,990
      1,556 SF

      Waco 5-Acre Multi-Home Property

      5-acre Waco property with three homes, barn, and shed.
      979 Old Mexia Rd, Waco, TX 76705
      View Details
    • $450,000
      0.34 Acres

      Versatile Commercial Property Package Deal

      Former daycare with development potential on Memorial Drive.
      4306 Memorial Dr, Waco, TX 76711
      View Details
    • $419,000
      0.31 Acres

      Waco Duplex in Midway ISD

      Well-maintained duplex in Sunwest Village, each unit with 3/2 layout.
      408-410 Prosperity Trl, Waco, TX 76657
      View Details
    • $700,000
      3,246 SF

      Spacious Ranch Home with Acreage

      Ranch-style home on 16.73 acres near Waco, Texas.
      12145 Tree Lake Dr, Waco, TX 76708
      View Details
    • $1,500,000
      5.95 Acres

      Equipped Church on Highway 77

      Fully equipped church with classrooms, offices, and ample parking.
      2801 Robinson Dr, Waco, TX 76706
      View Details
    • $1,950,000
      3,684 SF

      Waco Ranch with Prime Pasture

      Ranch-style home on 84+ acres near Loop 340.
      4843 S 3Rd St Rd, Waco, TX 76706
      View Details
    • $249,900
      0.19 Acres

      Spacious Two-Story Waco Duplex

      Two-story duplex with remodeled unit, ideal for investment.
      2714 Morrow Ave, Waco, TX 76707
      View Details
    • $750,000
      0.23 Acres

      Updated Triplex Near Magnolia, Baylor

      Fully leased, updated triplex near Magnolia and Baylor University.
      629 S 5Th St, Waco, TX 76706
      View Details
    • $279,000
      0.19 Acres

      Updated Duplex on Corner Lot

      Charming duplex near Magnolia Market, Cameron Park, and Baylor University.
      2401 Herring Ave, Waco, TX 76708
      View Details
    • $320,000
      2,900 SF

      Waco Duplex Investment Opportunity

      Two income-producing duplexes near downtown Waco with strong rental potential.
      602 N 16Th St, Waco, TX 76707
      View Details

    FAQs

    What type of property is this?
    Distribution property - Prime Waco industrial land, high-density zoning.
    Where is this distribution property located?
    The property is located at 2116 Columbus Ave Waco, TX.
    What is the asking price?
    The asking price for this property is $784,080.
    What are key features of this property?
    This property features: Waco city TIF incentives available.; High-density residential zoning.; 35-foot height restriction.
    Request Owner's contact information
    2116 Columbus Ave Waco, TX 76701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2116 Columbus Ave
    Waco, TX 76701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2116 Columbus Ave Waco, TX 76701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.