315 University Parks Dr Waco, TX 76701

Property Details for 315 University Parks Dr

Year built

1959

Construction

CONCRETE

Lot size

1.26 lot acres

Property size

14,400 SF

Zone code

2007 TIF

Property type

Commercial real estate

APN

480323000433000

APU

480323000433000

Description

This exceptional 3,200 square foot retail space, located at 315 S University Parks Blvd Suite #140 in Waco, Texas, presents a unique investment opportunity. Situated within a 14,040 square foot building on a 1.265-acre lot, this single-tenant property boasts a prime location in a highly desirable shopping center. The space is categorized as Salon, Storefront Retail, Bar, Service, and Health and Beauty, offering versatility for a range of businesses. Renovated in 2017, the building is a single-story structure with no elevators. The property benefits from excellent visibility and ample parking, making it highly attractive to customers. Its strategic location, just two blocks from the highway and one block from the Brazos River, provides easy access and significant exposure. Furthermore, the surrounding area is experiencing substantial growth, with ongoing developments including streetscape improvements and a major riverfront transformation project incorporating multifamily housing, parking garages, retail, dining, entertainment, recreation, and potentially a new Waco Farmers Market. This dynamic environment promises significant future growth and increased foot traffic, making this retail space an exceptional investment with limitless potential. The property is zoned C-4.

Location Insight

City

Waco

County

Mclennan

State

Texas

Longitude

-97.126

Latitude

31.5574

CBSA code

47380

CBSA name

WACO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments