2116 Columbus AveWaco, TX 76701
- Land
- 0.90 AC
Property Details for 2116 Columbus Ave
- Lot size
- 0.90 AC
- Zone code
- O2
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 480167000021032
- APU
- 480167000021032
Description
This exceptional 0.9-acre lot at 2116 Columbus Ave, Waco, TX 76701, presents a unique development opportunity. Boasting 39,204 square feet of space and a 35-foot ceiling height, this warehouse property is zoned O-3, allowing for diverse uses. The property benefits from its strategic location within a Tax Increment Financing (TIF) zone designated by the City of Waco, offering potential incentives for development. Its prime location is surrounded by residential and commercial developments, providing excellent visibility and accessibility. The property enjoys significant road frontage: 237 feet on Columbus Avenue and 230 feet on Washington Avenue, ensuring convenient access. Easy access to Waco Drive and Franklin Avenue further enhances its appeal. Given the scarcity of development land in downtown Waco, this almost one-acre lot represents a rare and valuable investment opportunity. The high-density residential zoning opens doors to a variety of development possibilities. This property is priced at $784,080.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $9,061,705
- Hospitality
- $8,300,472
- Educational
- $6,905,896
- Medical
- $7,143,400
- Retail
- $10,742,505
Location Insight
- City
- Waco
- County
- Mclennan
- State
- Texas
- Latitude
- 31.5447
- Longitude
- -97.1489
- CBSA code
- 47380
- CBSA name
- WACO, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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