722 7Th St Waco, TX 76706
This exceptional 30,798 square foot pad site presents a unique investment opportunity in Waco, Texas' vibrant Magnolia District, conveniently located near Baylor University. Situated at 722 S 7th St, Waco, TX 76706 (31.5500206, -97.1270325), this property is zoned O-2, allowing for a variety of commercial uses including office and retail development. The site is offered as a ground lease or through a build-to-suit arrangement, providing flexibility for potential developers. This presents a rare chance to establish a presence in a high-growth area with strong demographics and significant foot traffic. The single-tenancy nature of the site offers streamlined management and potential for long-term lease agreements. The Magnolia District's proximity to Baylor University ensures a consistent flow of students, faculty, and visitors, creating a robust customer base for any commercial venture. This prime location offers excellent visibility and accessibility, making it an ideal site for a variety of businesses seeking to capitalize on the area's thriving economy and dynamic environment. Serious inquiries are encouraged to explore the possibilities of this exceptional Waco pad site. The property is available for lease.
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.