18Th St Waco, TX 76708
This exceptional 0.41-acre commercial lot in Waco, Texas, presents a remarkable investment opportunity. Located at TBD N 18th Street, this property boasts a substantial 18,017 square feet and is conveniently situated just five minutes from McLennan Community College and eleven minutes from Baylor University. The strategic location offers easy access to a vibrant array of shops, restaurants, grocery stores, and convenience stores, ensuring high visibility and potential for strong customer traffic. Currently subdivided into two parcels, the property is being sold as a single unit, providing flexibility for various development plans. The O-3 zoning designation opens doors to a wide range of possibilities, including the establishment of a small business or the construction of a new residential building. This property's size and location make it an ideal canvas for entrepreneurs and investors seeking a high-impact project in a thriving community. The proximity to educational institutions and established commercial areas guarantees a steady flow of potential customers and residents. Don't miss this chance to acquire a significant piece of Waco real estate with immense potential for growth and return on investment. The asking price is $85,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.