605 Austin Ave Waco, TX 76701
- Commercial real estate
- 25,620 SF
- 0.30 lot acres
Current Use by Public Records
- Clever Guys Media / Video Production Service
- Connect Care Solutions LLC / Alcoholism Treatment Program
- DeuxSouth Creative / Video Production Service / Graphic Designer
- Damon L. Reed, Attorney at Law / Attorney
- Law Office of William E. Conrad / Attorney
Property Details for 605 Austin Ave
- Year built
- 1910
- Construction
- BRICK
- Lot size
- 0.30 lot acres
- Property size
- 25,620 SF
- Zone code
- 2007 TIF
- Property type
- Commercial real estate
- APN
- 480149000002001
- APU
- 480149000002001
Description
This exceptional 600-square-foot office suite, located at 605 Austin Ave in Waco, Texas (zip code 76701), presents a fantastic opportunity for businesses seeking a professional and convenient workspace. Situated in a C-4 zoned area of McLennan County, this single-tenancy property offers a traditional office layout adaptable to executive or creative office needs. The suite boasts several desirable features, including utilities included in the lease, controlled after-hours access for security and flexibility, and full-service lease options for streamlined operations. The building itself provides a professional entry and attractive common areas, enhancing the overall image and experience for tenants and their clients. Secure parking is available in a dedicated garage, ensuring the safety and convenience of employees and visitors. Furthermore, elevator access simplifies navigation within the building, making it easily accessible for all. This private suite offers a distinct and independent workspace, perfect for businesses seeking a professional and well-maintained office environment. The property's location in Waco, Texas, provides easy access to local amenities and transportation networks.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $765,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $775,000
- 6.5%
- $755,000
- 7%
- $865,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $795,000
- Geo Method
- $960,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $945,000
- Retail
- $785,000
- Mixed-Use
- $880,000
- Hospitality
- $850,000
- Educational
- $945,000
- Residential Income
- $745,000
- Energy
- $825,000
- Income-Based Land
- $860,000
- Food Service
- $850,000
Location Insight
- Map
- Local Demand
- City
- Waco
- County
- Mclennan
- State
- Texas
- Longitude
- -97.1333
- Latitude
- 31.556
- CBSA code
- 47380
- CBSA name
- WACO, TX METROPOLITAN STATISTICAL AREA