1501-1513 Herring Ave
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1501-1513 Herring Ave
12,650 SF Retail Building Waco, TX 76708 $449,900 ($36/SF)
Investment Highlights
- High Traffic One Way
- Multiple Buildings
- Open Plan
Executive Summary
Prime Commercial Property Opportunity!! Unlock the potential of this impressive commercial offering! A series of three well-positioned buildings totaling over 12,500 square feet of versatile space! This corner lot is an ideal investment for business owners and investors seeking prime real estate with ample space for diverse commercial ventures. The property includes an additional vacant lot (Zoned O3), opening endless possibilities for expansion or additional development. Strategically located for easy access making it exceptionally convenient. Its high-visibility corner position ensures excellent exposure for any business, while the spacious layout provides flexibility for a range of uses. Ample square footage and an extraordinary location, this property is ready to support business growth, attract customers, and deliver investment returns. Don’t miss out on the chance to secure a commercial asset with this much potential! 1501,1505,1509,1513(Lot) Herring to be included in sale!
Taxes & Operating Expenses (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$11,528,072
|
$911.31
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$11,528,072
|
$911.31
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $11,528,072 |
| Annual Per SF | $911.31 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $11,528,072 |
| Annual Per SF | $911.31 |
Property Facts
Sale Type
Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
12,650 SF
Building Class
C
Year Built
1922
Price
$449,900
Price Per SF
$36
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Land Acres
1.03 AC
Zoning
C2
Parking
16 Spaces (1.26 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Fenced Lot
- Storage Space
PROPERTY TAXES
| Parcel Number | 48-027600-001000-7 | Total Assessment | $40,800 (2023) |
| Land Assessment | $15,250 (2023) | Annual Taxes | $11,528,072 ($911.31/SF) |
| Improvements Assessment | $25,550 (2023) | Tax Year | 2024 Payable 2024 |
PROPERTY TAXES
Parcel Number
48-027600-001000-7
Land Assessment
$15,250 (2023)
Improvements Assessment
$25,550 (2023)
Total Assessment
$40,800 (2023)
Annual Taxes
$11,528,072 ($911.31/SF)
Tax Year
2024 Payable 2024
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Mercedes Lane - Agents of Texas
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1501-1513 Herring Ave
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