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    928-1002 Austin Ave Waco, TX 76701

    Sponsored
    For Lease
    $12 SF/Yr ($12,194 /Mo)

    Prime Waco retail space, 3 suites available.

    Lot size:
    12,194 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 928-1002 Austin Ave in Waco, Texas, offers 12,194 square feet of commercial space currently available for lease. The building, completely renovated in 2024, is zoned C-4 and situated in McLennan County, zip code 76701. The property features three individual suites, providing flexibility for various business needs. Suite sizes range from a minimum of 2,227 square feet to a maximum contiguous space of 6,177 square feet, allowing for businesses of different scales to find a suitable fit. The entire 12,194 square feet is currently vacant, presenting a unique opportunity for a single tenant or multiple businesses to occupy this prime location. Ample parking is available for customers and employees. This property represents a significant opportunity for businesses seeking a high-visibility location in a thriving Waco market. The address is easily accessible and benefits from high traffic volume. The modern renovation ensures a contemporary and functional space ready for immediate occupancy. Interested parties should inquire about lease terms and conditions.

    Property Features for 928-1002 Austin Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,194 SF
    Total Rate
    12194

    Building Details

    Year Renovated
    2024

    Unit(s) available at that property

    Space
    Suite 928
    Size
    3,790 SF
    Rate per SF
    $12
    Space
    Suite 1002
    Size
    6,177 SF
    Rate per SF
    $15
    Space
    Suite 930B
    Size
    2,227 SF
    Rate per SF
    $15

    HighLights

    • 12,194 SF retail space available for lease at 928‑1002 Austin Ave, Waco, TX 76701 (C‑4 zoning).
    • Prime downtown Waco location with ample parking.
    • Multiple suites ranging from 2,227 SF to 6,177 SF contiguous.
    • Gross rent: $12.00-$15.50 PSF.
    • Recently renovated (2024) with a diverse mix of neighboring tenants.
    • Unique aesthetic features including food truck pads and custom art murals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Building Supply Law Firm 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
    -97.1360194
    Latitude
    31.5526914

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    FAQs

    What type of property is this?
    Retail property - Prime Waco retail space, 3 suites available.
    Where is this retail property located?
    The property is located at 928-1002 Austin Ave Waco, TX.
    What is the lease rate?
    The lease rate is $12-$15 SF/Yr.
    What are key features of this property?
    This property features: 12,194 SF retail space available for lease at 928-1002 Austin Ave, Waco, TX 76701 (C-4 zoning).; Prime downtown Waco location with ample parking.; Multiple suites ranging from 2,227 SF to 6,177 SF contiguous.
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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
    928-1002 Austin Ave Waco, TX 76701
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