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Property profile & analytics
OFF-MARKET
Restaurants

4651 I-35 Waco, TX 76705

9,866 SF 1.69 ac lot
Property ID
Property summary
AI-generated overview

This exceptional restaurant property, located at 4651 I-35 S in Waco, Texas, offers a prime opportunity for food service businesses. The property boasts a substantial 9,866 square feet of building space situated on a generous 1.689 acres of land. Its strategic location on I-35 South, with convenient access from Loop 340, ensures high visibility and accessibility for customers. Ample parking is provided with 122 spaces, accommodating a large volume of patrons. The property is currently operating as Don Carlos and is available for a net-net-net (NNN) lease or a ground lease. This presents a unique chance to acquire a well-established location or to establish a new restaurant venture in a high-demand area of McLennan County. The single-tenant occupancy simplifies management and provides a clear revenue stream. The property's size and location make it ideal for a variety of restaurant concepts, from fast-casual to full-service dining. This is a rare opportunity to secure a prominent restaurant space in a thriving Texas market. The property's address is 4651 I-35 S, Waco, TX 76705.

Property profile
Verified
Property type Restaurants
Total area 9,866 SF
Lot 1.69 ac (73,573 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
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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