2609 Jack Kultgen Expy Waco, TX 76711
This exceptional commercial property at 2609 S Jack Kultgen, Waco, TX, presents a compelling investment opportunity. The 4,036 square foot building sits on a 1.33-acre lot and enjoys a highly visible location with exceptional traffic counts. The property benefits from its strategic placement along Interstate Highway 35, experiencing over 120,400 vehicles daily, and an additional 3,400 vehicles daily on S Jack Kultgen Expy (TxDOT 2022 data). Currently, a Starbucks occupies a portion of the space under a lease extending through 2033. This Starbucks suite has recently undergone $500,000 in improvements. The remaining 2,234 square feet of rentable space offers versatility for a variety of businesses. The property is zoned C-3 General Commercial, providing flexibility for various uses. Ample parking is available, enhancing the convenience and appeal for customers and employees. This location is ideal for retail outlets, restaurants, office spaces, or service-oriented businesses seeking high visibility and accessibility. The asking price is $2,675,000. This property offers a strong return on investment due to its prime location, existing tenant, and significant traffic volume.
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.