1026 Craven AveWaco, TX 76705

  • Other commercial real estate
  • 2,400 SF
For Lease
$11.50/SF/YR View listing

Property Details for 1026 Craven Ave

Year built
1980
Construction
WOOD FRAME
Lot size
1.04 AC
Property size (Sq ft)
2,400 SF
Zone code
C
Property type
Other commercial real estate
APN
200231000011001
APU
200231000011001

Description

This exceptional 2,400-square-foot retail property, situated on a 1.04-acre lot in Waco, Texas, presents a unique investment opportunity. Located at 1026 E Craven Avenue, zip code 76705, this single-tenant building boasts convenient access to and from IH-35, ensuring high visibility and accessibility. Constructed in 1980, the structure features durable concrete block and steel construction. The property's zoning is C-3 Commercial, General, allowing for a variety of commercial uses. Currently vacant, the entire 2,400 square feet is available for lease. The property benefits from its proximity to a densely populated residential area and numerous other retail establishments, creating a strong customer base. A significant feature is a large canopy-covered parking area, providing ample and sheltered parking for customers. Please note that the previous tenant was a convenience store, and the landlord has imposed a restriction against future use as a convenience store or grocery store. This prime location and versatile space offer significant potential for a variety of businesses. McLennan County location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $537,092
    Hospitality
    $491,973
    Educational
    $409,316
    Medical
    $423,393
    Retail
    $636,713
1026 Craven Ave, Waco, Texas
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Location Insight

City
Waco
County
Mclennan
State
Texas
Latitude
31.6279
Longitude
-97.0967
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
$2,832
$142,700
$17,300
$160,000
-
$142,700
$17,300
$160,000

FAQs

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