317 N 18th St, Waco, TX 76701

Introducing an exciting investment opportunity: This Waco Commercial Property is located at 317 N 18th St, Waco, TX 76701. This versatile property boasts a total of 6,235 sq ft +/- on a .52-acre lot, with a C-3 zoning ideal for various businesses. With a pro forma potential income of $14-$18/sf/yr + NNN, this property offers three tenant capacities and a Pro Forma CAP rate of 18%+. The property is strategically situated in a TIF Zone and presents a "Whitebox" purchase option for customization. Recent pro forma calculations show a significant potential for ROI through capital improvements and a resale value projection of $1,100,000. Don't miss the chance to explore the lucrative FIX, FILL, FLIP strategy with much profit to be had at this sales price. Contact us today to learn more about this prime commercial property in Waco. Eager investors and business owners, this is an opportunity you don't want to overlook!