3000 Speight AveWaco, TX 76711

  • Commercial real estate
  • 1,846 SF
For Lease

Property Details for 3000 Speight Ave

Construction
CONCRETE BLOCKS
Lot size
1.57 AC
Property size (Sq ft)
1,846 SF
Zone code
C
Property type
Commercial real estate
APN
480065010502004
APU
480065010502004

Description

This exceptional 32,712-square-foot retail property in Waco, Texas, presents a unique investment opportunity. Located at 3000 Speight Ave, Waco, TX 76711, this multi-tenant building sits on a 1.5-acre lot, offering ample space for development or immediate occupancy. The property is currently entirely vacant, providing a blank canvas for a variety of retail uses. Its zoning designation is General Commercial (DT by right), allowing for flexibility in tenant selection and business operations. The site boasts exceptional visibility and accessibility, situated off Interstate 35 at a well-lit intersection. This high-traffic location is adjacent to an H-E-B Plus!, capitalizing on the significant foot traffic and consumer base of this major grocery store. The property's location on Valley Mills Drive, one of Waco's busiest thoroughfares, ensures maximum exposure to potential customers. This is an unparalleled chance to establish a thriving retail presence in a dynamic and growing market. The entire 32,712 square feet is available for lease. McLennan County location offers access to a strong local economy and diverse population.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $426,689
    Hospitality
    $390,845
    Educational
    $325,178
    Medical
    $336,362
    Retail
    $505,833
3000 Speight Ave, Waco, Texas

Location Insight

City
Waco
County
Mclennan
State
Texas
Latitude
31.5246
Longitude
-97.1415
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
2018
$23,170
$1,410,730
$182,919
$1,593,649
-
$1,410,730
$182,919
$1,593,649

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