603 10Th St Waco, TX 76701
- Commercial real estate
- 1.33 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 603 10Th St
- Lot size
- 1.33 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.268-acre property in Edinburg, TX, presents a compelling investment opportunity. Situated within the multi-tenant West University Center on University Drive, this second-generation restaurant space offers significant value-add potential. The property boasts 79 total parking spaces, ensuring ample convenience for patrons. Currently operating as a multi-tenant building with one suite, this location benefits from a low vacancy rate in a high-demand area, reflecting the strong retail trade area of Edinburg. The property's APN is U200000000000600. Given the current high costs of construction and land acquisition, this represents a rare chance to acquire a well-positioned retail space in a thriving market with rents currently below market rates. The property type includes land, retail, office, and restaurant uses, offering flexibility for potential buyers. This is an ideal opportunity for investors seeking a strong return in a prime location. The property's classification includes Commercial and Executive Office subtypes.
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
- -97.13117854
- Latitude
- 31.54851131
