504 Austin AveWaco, TX 76701

For Lease
$24/SF/YR View listing
  • Commercial real estate
  • 4,020 SF

Property Details for 504 Austin Ave

Year built
1930
Construction
BRICK
Lot size
0.08 AC
Property size (Sq ft)
4,020 SF
Zone code
2007 TIF
Property type
Commercial real estate
APN
480153000026002
APU
480153000026002

Description

This exceptional 4,020-square-foot Class A executive office space is ideally situated in Downtown Waco's vibrant submarket. Located at 504 Austin Avenue, this single-tenant property offers a completely renovated interior (2024) within a historically significant building (1930). The property benefits from ample parking for tenants and visitors, a flexible floor plan perfect for customization, and modern amenities. Its prime location ensures high visibility and easy access to the area's amenities and businesses. The building is zoned 2007TIF within McLennan County, Texas, and boasts a highly desirable address in the heart of Waco's downtown area. This meticulously maintained property presents a unique opportunity for businesses seeking a prestigious and functional office space in a thriving urban setting. The property's size and location make it suitable for a variety of businesses seeking a prominent presence in the Waco market. The combination of historical charm and modern updates creates a sophisticated and efficient workspace. This is a rare opportunity to secure a high-quality, single-tenant office building in a highly sought-after location. The property is ready for immediate occupancy. Zip code: 76701.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $899,887
    Hospitality
    $824,291
    Educational
    $685,801
    Medical
    $709,386
    Retail
    $1,066,801
504 Austin Ave, Waco, Texas

Location Insight

City
Waco
County
Mclennan
State
Texas
Latitude
31.5563
Longitude
-97.1318
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
$5,269
$108,460
$116,540
$225,000
-
$108,460
$116,540
$225,000

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