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4400 W Waco Dr
Waco, TX 76710
Retail Property For Sale
Investment Highlights
- • 1.89+/- acres
- • $175 PSF on the improvements
- • Signalized Intersection
- • $30 PSF on the dirt
- • 4 curb cuts
Executive Summary
4400 W Waco Drive is a 1.89-acre redevelopment/pad site on one of Waco’s established commercial
corridors, formerly home to Connally/Compton Funeral Directors. The existing building carries no
material value to a ground-up user and is expected to be demolished; the site is being marketed on
land value for redevelopment as a convenience store, quick-service restaurant, or similar pad use.
Zoned C-3 General Commercial, the property carries the broadest commercial use table in the City of Waco’s zoning code - permitting retail, restaurant, office, medical, personal service, indoor entertainment, and auto-related uses by right, in addition to institutional and assembly uses. That breadth gives a developer flexibility to build a C-store, QSR, or other commercial pad without a rezoning process, which is typically the longest lead item on a redevelopment timeline.
Waco Drive is a heavily traveled commercial artery connecting the all corners of greater Waco to the Valley Mills corridor, downtown and the Baylor University area, with established retail, medical, and services uses along the frontage.
corridors, formerly home to Connally/Compton Funeral Directors. The existing building carries no
material value to a ground-up user and is expected to be demolished; the site is being marketed on
land value for redevelopment as a convenience store, quick-service restaurant, or similar pad use.
Zoned C-3 General Commercial, the property carries the broadest commercial use table in the City of Waco’s zoning code - permitting retail, restaurant, office, medical, personal service, indoor entertainment, and auto-related uses by right, in addition to institutional and assembly uses. That breadth gives a developer flexibility to build a C-store, QSR, or other commercial pad without a rezoning process, which is typically the longest lead item on a redevelopment timeline.
Waco Drive is a heavily traveled commercial artery connecting the all corners of greater Waco to the Valley Mills corridor, downtown and the Baylor University area, with established retail, medical, and services uses along the frontage.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Funeral Home
Building Size
14,163 SF
Building Class
C
Year Built/Renovated
1964/1977
Price
$2,500,000
Price Per SF
$176.52
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.88 AC
Zoning
C3
Property Taxes
| Parcel Number | 48-043902-000500-0 | Improvements Assessment | $100,640 |
| Land Assessment | $1,774,360 | Total Assessment | $1,875,000 |
Property Taxes
Parcel Number
48-043902-000500-0
Land Assessment
$1,774,360
Improvements Assessment
$100,640
Total Assessment
$1,875,000
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