Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1300 Martin Luther King Jr Blvd Waco, TX 76704

    • Commercial real estate
    • 0.18 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 06, 2024
    Location Intelligence
    Property ID
    US82-3087525
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1300 Martin Luther King Jr Blvd

    Lot size
    0.18 lot acres
    Zone code
    R1B
    Property type
    Commercial real estate
    APN
    480257000074007
    APU
    480257000074007

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    Mclennan
    State
    Texas
    Longitude
    -97.1123
    Latitude
    31.5598
    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
    $1,397
    $26,280
    $36,040
    $62,320
    -
    $26,280
    $36,040
    $62,320

    Comparable in this City

    • Value Estimation by Request
      0.16 Acres

      425 Garrison St

      COMMERCIAL (GENERAL) • 0.16 Acres
      425 Garrison St, Waco, TX 76704
      View Details
    • Value Estimation by Request
      0.08 Acres

      706 Linn St

      COMMERCIAL (GENERAL) • 0.08 Acres
      706 Linn St, Waco, TX 76704-2335
      View Details
    • Value Estimation by Request
      0.06 Acres

      608 Elm Ave

      COMMERCIAL (GENERAL) • 0.06 Acres
      608 Elm Ave, Waco, TX 76704
      View Details
    • Value Estimation by Request
      0.08 Acres

      904 Elm Ave

      COMMERCIAL (GENERAL) • 0.08 Acres
      904 Elm Ave, Waco, TX 76704-2623
      View Details
    • Value Estimation by Request
      0.07 Acres

      500 Elm Ave

      COMMERCIAL (GENERAL) • 0.07 Acres
      500 Elm Ave, Waco, TX 76704
      View Details
    • Value Estimation by Request
      1,496 SF

      1219 Paul Quinn St

      COMMERCIAL (GENERAL) • 1,496 SF
      1219 Paul Quinn St, Waco, TX 76704
      View Details

    Similar Nearby for Sale

    • $240,000

      Prime Waco Commercial Land

      40,000+ SF Commercial Lot, Waco, TX
      523 Mann St, Waco, TX 76704
      View Details
    • Contact for pricing
      1.01 Acres

      Waco Development Land: Prime Acreage

      Historic Elm Avenue District, 1.01 acres, C-4 Zoning
      305 Elm Ave, Waco, TX 76704
      View Details
    • $35,000
      0.15 Acres

      Residential Land in Waco, Texas

      Unimproved R2-zoned land suitable for building a home or duplex.
      620 Hatton St, Waco, TX 76704
      View Details
    • Contact for pricing
      0.16 Acres

      Land For Sale in Waco

      Unimproved land for sale in East Waco, Texas.
      709 Dearborn St, Waco, TX 76704
      View Details
    • Contact for pricing
      0.16 Acres

      Vacant Land in East Waco

      Unimproved lot ready for development in Waco, Texas.
      508 Lottie St, Waco, TX 76704
      View Details
    • $40,000
      0.19 Acres

      Residential Land in Waco, Texas

      Vacant lot suitable for single-family or duplex development.
      710 Miller St, Waco, TX 76704
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      10,000 SF

      Versatile Commercial Space Near Baylor

      Prime location near I-35 and Baylor University.
      201 Elm Ave, Waco, TX 76704
      View Details
    • Contact for pricing
      1 SF

      I-35 Frontage Road Land Lease

      Ground lease opportunity with high visibility on I-35.
      1520 North Frontage Rd, Waco, TX 76704
      View Details
    • Contact for pricing
      52,000 SF

      Waco Warehouse with Steel Frame

      52,000 SF warehouse featuring steel frame and full fencing.
      2825 Gholson Rd, Waco, TX 76704
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1300 Martin Luther King Jr Blvd
    Waco, TX 76704
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.