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    724 Austin Ave Waco, TX 76701

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    Property profile & analytics

    724 Austin Ave Waco, TX 76701


    • Commercial real estate
    • 33,192 SF
    • 0.39 lot acres
    Retail Space in Growing Waco For Lease
    $3,650,000

    Retail Space in Growing Waco

    Located at a busy intersection in a growing city.

    724 Austin Ave, Waco, TX 76701
    View Listing
    Property ID
    US83-1502025
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Waco Hippodrome Theatre / Restaurant
    • Tandem Rooftop Bar / Bar & Pub
    • Tru Jamaica Restaurant at The Hippodrome / Restaurant
    • Maria Mezcaleria / Restaurant

    Property Details for 724 Austin Ave

    Year built
    1914
    Construction
    BRICK
    Lot size
    0.39 lot acres
    Property size
    33,192 SF
    Zone code
    2007 TIF
    Property type
    Commercial real estate
    APN
    480144550002000
    APU
    480144550002000

    Description

    This exceptional Class A executive office space, located in Johnson County, presents a unique opportunity for a single tenant to occupy the entire 21,049 square foot building. The property is currently vacant and ready for immediate occupancy, offering unparalleled flexibility for a business seeking a prestigious and expansive location. The building's "A" classification signifies its high-quality construction, modern amenities, and desirable location within Johnson County's thriving business community. The single-tenant occupancy ensures complete control and privacy, ideal for a company requiring a substantial and dedicated workspace. This presents a rare chance to secure a significant footprint in a highly sought-after area, allowing for customized interior design and layout to perfectly suit your operational needs. The ample square footage provides ample room for various departments, collaborative spaces, and private offices, catering to a diverse range of business requirements. The property's strategic location within Johnson County offers easy access to major transportation routes, ensuring convenient commutes for employees and clients alike. This is an exceptional opportunity for a company seeking a prominent and functional headquarters in a prime Johnson County location. Don't miss this chance to establish your business in this impressive, ready-to-occupy space. Contact us today to schedule a viewing and explore the possibilities.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,518,000
      Market price range: $1.21M - $4.13M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,595,000
      Current use
      OFFICE BUILDING
      $5,500,000
      Change: +112% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    Mclennan
    State
    Texas
    Longitude
    -97.134
    Latitude
    31.5544
    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
    2022
    $87,821
    $425,800
    $3,324,200
    $3,750,000
    -
    $425,800
    $3,324,200
    $3,750,000
    View Listing
    More about this property
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