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2404 N 18Th St Waco, TX 76708

Commercial real estate Google Maps
4,968 SF 0.19 ac lot Built 1950
Individually Owned 20-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$275k
Range $248k – $303k (±10%)
Property ID US83-4112464

Property summary

AI-generated overview

This exceptional 4,968-square-foot retail space is available for lease at 2404 N 18th Street in Waco, Texas. Located in a vibrant downtown area, this single-tenant property offers a prime location just minutes from US 84, ensuring high visibility and accessibility. Built in 1950, the building sits on a 0.19-acre lot and features one story with 5-10 parking spaces. The property is zoned C-3, allowing for a variety of commercial uses. The space is ideal for a boutique retail establishment or other similar businesses seeking a high-traffic location. Its convenient access and prominent positioning on N 18th Street provide excellent exposure to potential customers. The property's single-story design and ample parking contribute to its functionality and appeal. This is a rare opportunity to secure a well-situated commercial space in the thriving downtown Waco market. The entire 4,968 square feet is currently vacant and ready for immediate occupancy. Don't miss this chance to establish your business in a dynamic and desirable location. The property offers a unique blend of historical charm and modern convenience, making it an attractive option for businesses seeking a strong presence in the heart of Waco. The building does not include elevators.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1950
Total area 4,968 SF
Lot 0.19 ac (8,233 SF)
Zoning code C3
APN 480176000917001
UPID US83-4112464

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2005
2 recorded transactions
2005
Price N/A
2005
Price N/A

Zoning & alternative use

C3 · Waco, TX

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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