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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1723 Valley Mills Dr Waco, TX 76711

1,792 SF
Property ID
Property summary
AI-generated overview

This exceptional 1,792 square foot retail property, situated on a 16,800 square foot lot, presents a unique investment opportunity in Waco, Texas. Located at 1723 S Valley Mills Dr, this freestanding building boasts a convenient drive-thru, making it ideal for a variety of restaurant concepts. The property is classified as Class C and features a single story design with 84 feet of frontage on S Valley Mills Dr, and cross access via Bagby Ave. The zoning is C-2 (Community Commercial District), allowing for a range of commercial uses. The building was previously a restaurant and underwent updates in 2020. With 1,792 square feet currently vacant, this space is immediately available. The lot size ranges from 16,800 to 37,400 square feet, offering potential for expansion or additional development. A new car wash is planned as a co-tenant, increasing foot traffic and visibility. This is a second-generation restaurant space with existing infrastructure in place, minimizing initial setup costs. The property's location in a high-traffic area near an HEB outparcel ensures strong visibility and accessibility. This is an excellent opportunity for investors seeking a turnkey retail space in a thriving Texas market.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,792 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
  • Auto Glass Masters Auto Repair Shop (Bike/Boat/Book/etc) Store
  • BEAT'UM ON THE ROCK COIN LAUNDRY (Bike/Boat/Book/etc) Store
  • Franco's Auto Detailing Car Wash
  • Club Car Wash Car Wash
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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