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Property profile & analytics
OFF-MARKET
Commercial real estate

603 10Th St Waco, TX 76701

1.33 ac lot
Property ID
US82-3825796
Property summary
AI-generated overview

This exceptional 1.268-acre property in Edinburg, TX, presents a compelling investment opportunity. Situated within the multi-tenant West University Center on University Drive, this second-generation restaurant space offers significant value-add potential. The property boasts 79 total parking spaces, ensuring ample convenience for patrons. Currently operating as a multi-tenant building with one suite, this location benefits from a low vacancy rate in a high-demand area, reflecting the strong retail trade area of Edinburg. The property's APN is U200000000000600. Given the current high costs of construction and land acquisition, this represents a rare chance to acquire a well-positioned retail space in a thriving market with rents currently below market rates. The property type includes land, retail, office, and restaurant uses, offering flexibility for potential buyers. This is an ideal opportunity for investors seeking a strong return in a prime location. The property's classification includes Commercial and Executive Office subtypes.

Property profile
Verified
Property type Commercial real estate
Lot 1.33 ac (57,761 SF)
UPID US82-3825796
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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