Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

5050 Waco Dr Waco, TX 76710-7022

  • Commercial real estate
  • 75,765 SF
  • 5.36 lot acres
OFF-MARKET
Last Sale
Sep 04, 2024
Value Estimations
$7,185,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US82-2159946
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

  • Burlington Coat Parking Lot / Parking Lot & Garage

Property Details for 5050 Waco Dr

Year built
1987
Construction
FRAME
Lot size
5.36 lot acres
Property size
75,765 SF
Zone code
C3
Property type
Commercial real estate
APN
480084110002005
APU
480084110002005

Description

This exceptional 76,212 square foot retail property, formerly occupied by Burlington, presents a unique investment opportunity in Waco's thriving submarket. The single-story, Class B building, constructed in 1976, sits on a generous 5.12-acre lot and offers ample parking with 430 spaces. The entire 76,212 square feet is currently vacant, providing a blank canvas for a variety of retail concepts. The property features multiple entrances, ensuring convenient access for customers and maximizing visibility from the street. Its expansive size allows for flexibility in tenant configuration, with a minimum divisible space of 25,000 square feet and the potential for a single, contiguous tenant to occupy the entire building. The property's location within the Waco submarket offers excellent access and high traffic counts, making it an ideal location for a variety of retail businesses. This is a rare opportunity to acquire a large, well-located retail space with significant potential for redevelopment or immediate occupancy. The property's size, visibility, and parking make it an attractive option for a wide range of retail uses. The expansive lot provides ample room for future expansion or outdoor amenities. This is a prime opportunity to establish a strong retail presence in a growing market.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $5,655,000
    Market price range: $2.63M - $8.96M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $5,820,000
    Current use

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


Location Insight

  • Map
  • Local Demand
City
Waco
County
Mclennan
State
Texas
Longitude
-97.1795
Latitude
31.5188
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
2023
$179,112
$2,202,140
$5,787,150
$7,989,290
-
$2,202,140
$5,787,150
$7,989,290
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