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Property profile & analytics
FOR SALE
Commercial real estate
1101 Wooded Acres Dr Waco, TX 76710
Entity Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-0265717
For Sale
1 / 3
$4,960,050
1101 Wooded Acres Dr, Waco, TX 76710
View Listing →
Property summary
AI-generated overview
This exceptional Class A commercial property, located at 1101 Wooded Acres Dr, Waco, TX 76710, offers a unique blend of retail and office space. The building, totaling 32,161 square feet, features a single, multi-tenant suite configuration. Recently renovated in 2020, the property boasts a modern and professional atmosphere. Currently, one retail space of 1,791 square feet is available. Its central location in Waco's core area, situated between N Valley Mills Dr and Bosque Blvd, provides excellent visibility and accessibility. The property benefits from convenient proximity to numerous other offices, retail establishments, and restaurants, ensuring high foot traffic and potential for strong tenant occupancy. Ample parking is available, further enhancing the property's appeal. This is an ideal opportunity for businesses seeking a high-profile location with excellent amenities in a thriving Waco commercial district. The property's prime location and recent renovations make it a highly desirable investment opportunity. The property is classified as retail, office, and land.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1987
Construction
STEEL FRAME
Total area
32,498 SF
Lot
2.55 ac (110,904 SF)
Zoning code
C-3
APN
480096010008108
UPID
US82-0265717
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
Current use
Occupant on record · Public records
-
Polished Salon Hair Salon Nail Salon
-
Nail Works Nail Salon
-
Rollo Insurance Insurance Agency
-
Maynard CPA, PLLC Accounting Firm
-
Fastest Labs of Waco Drug Testing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.94M
Owner & transaction history
1 Wooded Acres Plaza LLC · 17 yrs held
1 Wooded Acres Plaza LLC
since 2009
5 recorded transactions
Zoning & alternative use
C-3 · Waco, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waco submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,495,000
Current use
Blend value · Realmo final
$1.94M
Range $1.75M – $2.13M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$60 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$78,467
Tax year 2022
Assessed value
$3,850,000
Assessed 2023
Previous assessed
$3,850,000
+0.0% YoY
Effective rate
2.04%
On assessed value
Assessed land
$1,205,160
Assessed improvement
$2,644,840
Land market value
$1,205,160
Improvement market value
$2,644,840
Total market value
$3,850,000
Applied tax rate
48.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1987
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
32,498 SF
Lot
2.55 ac (110,904 SF)
Zoning code
C-3
APN
480096010008108
UPID
US82-0265717
Jurisdiction
MCLENNAN
Zoning & alternative use
C-3 · Waco, TX
Zoning C-3 · permitted uses
C-3 · Waco, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waco. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.5M
COMMERCIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
2.55 ac
Current owner
From public records · entity-resolved
1 Wooded Acres Plaza LLC
Entity
Free & Clear · 17 yrs held
Mailing address
1600 ROYAL OAKS DR, WACO, TX 76710-2522
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2018
—
One Wooded Acres Plaza LLC
—
Deed
related
—
Mar 27, 2009
—
1 Wooded Acres Plaza LLC
Specialty Property Ltd
Grant Deed
related
—
Sep 2, 2005
—
Specialty Property Ltd
Swanson Realty Ltd
Warranty Deed
$5,600,000 · National Lloyds Insurance Co
—
—
One Wooded Acres Plaza LLC
—
Deed Of Trust
related
—
—
—
Swanson Realty Ltd
—
Deed Of Trust
related
$525,000 · Compass Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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