135 Estates Dr Waco, TX 76712
This exceptional net lease investment opportunity presents a 1,836 square foot retail property located at 135 Estates Drive in Woodway, Texas, zip code 76712. Boasting a remarkable 100% occupancy rate and a highly attractive 7.5% cap rate, this shopping center presents a strong return on investment. Situated along Estates Drive, this property benefits from excellent visibility and accessibility, enjoying close proximity to Highway 84, a major commuting route. The property's strategic location within the rapidly growing city of Woodway, Texas, places it in a high-traffic area surrounded by established businesses and key amenities. Nearby establishments include Marco's Pizza, Walgreens, CVS, Dutch Brothers Coffee, Woodway Elementary School, Brown House Cafe, Premier ER, and H-E-B, ensuring a consistent flow of potential customers. This property is a prime example of a well-positioned retail investment in a thriving Texas community. The property is classified as retail and land, and is a shopping center. This is a truly exceptional opportunity for investors seeking a stable, high-performing asset in a desirable location. The property is a new redevelopment.
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Splendid Oaks Chocolates & Ice Cream Grocery & Convenience Store Specialty Food Shop
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Grace & Max Clothing Store
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
Similar Nearby for Sale
Similar Nearby for Lease
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.