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Property profile & analytics
OFF-MARKET
Lifestyle centers

135 Estates Dr Waco, TX 76712

1,836 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Total area 1,836 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Splendid Oaks Chocolates & Ice Cream Grocery & Convenience Store Specialty Food Shop
  • Grace & Max Clothing Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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