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    1201 Austin Ave Waco, TX 76701

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    1201 Austin Ave Waco, TX 76701


    • Commercial real estate
    • 33,000 SF
    • 0.38 lot acres
    Redevelopment Opportunity | 48,000 SF For Sale
    $905,000
    48,000 SF

    Redevelopment Opportunity | 48,000 SF

    48,000 SF mixed-use, industrial, office, retail, residential property.

    1201 Austin Ave, Waco, TX 76701
    View Listing
    Property ID
    US82-2126441
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Waco Mural / Resort

    Property Details for 1201 Austin Ave

    Year built
    1938
    Construction
    CONCRETE
    Lot size
    0.38 lot acres
    Property size
    33,000 SF
    Zone code
    CBD
    Property type
    Commercial real estate
    APN
    480163000001008
    APU
    480163000001008

    Description

    This exceptional 48,000 square foot property, located at 1201 Austin Ave in Waco, Texas, presents a significant redevelopment opportunity. Situated on a 1.32-acre lot, this mixed-use building boasts a prominent downtown location with ample parking. The property's zoning is C-3, allowing for a variety of uses. Its history as a former Coca-Cola bottling plant adds unique character. The building features high ceilings, presenting the potential for adding additional floor space, significantly increasing its usable area. The property's strategic location on two corners of historic Austin Avenue ensures high visibility and accessibility. Furthermore, its location within Tax Increment Financing Zone 4 offers potential economic incentives. This versatile space is ideal for a range of businesses seeking a unique and well-positioned property in the heart of Waco. The property is also available for lease. This is a rare chance to acquire a substantial property with significant upside potential in a thriving Texas city.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $610,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,198,000
      Market price range: $1.20M - $4.11M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    Mclennan
    State
    Texas
    Longitude
    -97.1386
    Latitude
    31.5513
    CBSA code
    47380
    CBSA name
    WACO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $3,699
    $118,800
    $46,200
    $165,000
    -
    $118,800
    $46,200
    $165,000
    View Listing
    More about this property
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