1313 Valley Mills Dr Waco, TX 76711
This exceptional 1.555-acre commercial property, located at 1313 S Valley Mills Dr in Waco, Texas (zip code 76711), presents a unique investment opportunity. Previously operating as a car wash, the site is zoned C-3, offering considerable flexibility for a variety of retail uses. The property's single-tenant configuration simplifies operations and management. The expansive land area provides ample space for development or redevelopment, catering to businesses requiring significant outdoor space. Situated in McLennan County, this location benefits from excellent visibility and accessibility along S Valley Mills Dr. The property's coordinates are 31.525106 latitude and -97.1460304 longitude. While the existing building's square footage is not currently specified, the substantial land area makes it an attractive proposition for businesses seeking a prominent presence in a thriving Waco market. The property is available for lease and presents a blank canvas for a forward-thinking entrepreneur or established business seeking expansion. Serious inquiries are encouraged to explore the potential of this strategically located commercial land. The property's zoning allows for a wide range of commercial uses, making it a versatile option for various business plans.
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.