Property profile

2808 19th St Waco, TX 76708

OFF-MARKET
Commercial real estate
Property ID
US83-4028047
3,250 SF 0.57 ac lot Built 1965
Individually Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 0.57-acre commercial land parcel, situated at 2808 N 19th St, Waco, Texas 76708, presents a unique investment opportunity. Zoned O-3 (Office-Limited Commercial), this property offers significant development potential for a variety of uses. The expansive lot size provides ample space for ambitious projects, whether residential or commercial. Its strategic location within McLennan County places it in close proximity to essential amenities, including highly-rated schools, vibrant shopping centers, and diverse dining options. This convenient access enhances its appeal to both residential and commercial developers. The property benefits from its position in a thriving neighborhood experiencing steady property value appreciation, promising strong long-term returns. The combination of size, location, and zoning makes this a compelling investment for those seeking to capitalize on Waco's growth. The asking price is $115,000. This is a rare opportunity to acquire a sizable lot in a desirable area with excellent potential for future growth and profitability. Don't miss this chance to secure a prime piece of Waco real estate.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Construction CONCRETE BLOCKS
Total area 3,250 SF
Lot 0.57 ac (24,742 SF)
Zoning code C2
APN 480176000502004
UPID US83-4028047

Cap rate & NOI

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

Location

2808 19th St Waco, TX 76708
Waco metro Census 1100 WACO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2023
Price N/A
2021
$40,000
2019
Price N/A
2018
$40,000
2009
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2808 19th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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