1015 Elm St Waco, TX 76704
- Commercial real estate
- 8,999 SF
- 0.21 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1015 Elm St
- Lot size
- 0.21 lot acres
- Property size
- 8,999 SF
- Property type
- Commercial real estate
Description
This exceptional 0.21-acre lot, located at 1015 Elm Street in Waco, Texas, presents a unique opportunity for commercial development. Boasting 8,999 square feet, this property is ideally situated in the heart of downtown Waco's vibrant North East Riverside 1 neighborhood, offering unparalleled access to a high volume of foot and vehicle traffic. Currently zoned residentially, the property is primed for rezoning to accommodate a variety of commercial uses, making it perfect for entrepreneurs seeking a high-visibility location. Its proximity to key attractions and institutions makes it an especially attractive investment. Across the street sits Rapoport Academy Meyer High School, providing a consistent flow of potential customers. Furthermore, the property is within easy walking distance of the Waco Suspension Bridge, Indian Springs Park, and the Waco Convention Center, ensuring high exposure to both local residents and tourists. The burgeoning Magnolia market is also just a short distance away, adding to the property's significant appeal. This is a rare chance to acquire a prime commercial lot in a rapidly growing area of Waco, offering substantial potential for return on investment. Don't miss this opportunity to establish your business in one of Waco's most desirable locations. The property's size and location make it suitable for a variety of commercial ventures, particularly those catering to the student and tourist populations.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waco
- County
- McLennan
- State
- Texas
- Longitude
- -97.1198
- Latitude
- 31.5701