2116 Columbus Ave Waco, TX 76701
- Commercial land
- 0.90 lot acres
Current Use by Public Records
- Commercial land
Property Details for 2116 Columbus Ave
- Lot size
- 0.90 lot acres
- Zone code
- O2
- Property type
- Commercial land
- APN
- 480167000021032
- APU
- 480167000021032
Description
This exceptional 0.9-acre lot at 2116 Columbus Ave, Waco, TX 76701, presents a unique development opportunity. Boasting 39,204 square feet of space and a 35-foot ceiling height, this warehouse property is zoned O-3, allowing for diverse uses. The property benefits from its strategic location within a Tax Increment Financing (TIF) zone designated by the City of Waco, offering potential incentives for development. Its prime location is surrounded by residential and commercial developments, providing excellent visibility and accessibility. The property enjoys significant road frontage: 237 feet on Columbus Avenue and 230 feet on Washington Avenue, ensuring convenient access. Easy access to Waco Drive and Franklin Avenue further enhances its appeal. Given the scarcity of development land in downtown Waco, this almost one-acre lot represents a rare and valuable investment opportunity. The high-density residential zoning opens doors to a variety of development possibilities. This property is priced at $784,080.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waco
- County
- Mclennan
- State
- Texas
- Longitude
- -97.1489
- Latitude
- 31.5447
- CBSA code
- 47380
- CBSA name
- WACO, TX METROPOLITAN STATISTICAL AREA
