Waco, TX Commercial Real Estate for Lease and Sale

Explore 201 listings of Waco commercial real estate to find the best space for your business.

1724 La Salle Ave

1724 La Salle Ave, Alta Vista, Waco, TX
Property

VacantLand
For Sale

$455,000
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1509 New Dallas Hwy

1509 New Dallas Hwy, Bellmead, Waco, TX
Property

VacantLand
For Sale

$500,000
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408 S Lacy Dr

408 S Lacy Dr, Lacy-Lakeview, WACO, TX
Property

VacantLand
For Sale

$500,000
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605 Austin Avenue
Startup Waco
605 Austin Avenue, Waco, TX
Services

Open Workspace

Meeting Room
Amenities

Beer

Complimentary coffee & tea

High-speed internet

High-speed wifi

Mail services

Printer

TV/Monitor

White boards
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Office Coworking Retail Industrial

Office Retail Industrial Land
600 Columbus Avenue
Wacowork
600 Columbus Avenue #106, Waco, TX
Services

Open Workspace

Meeting Room

Private Office

Dedicated Desk
Amenities

Beer

Complimentary coffee & tea

High-speed wifi

Mail services
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University Center

1401 S Valley Mills Dr, Beverly Hills, Waco, TX
Property

Retail

11,786 SF
Availability

2 Spaces

11,786 SF
For Lease

$12.00 - $16.00/SF/YR
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I-35 N

I-35 N, Rogers Hill, Waco, TX
Property

VacantLand
For Sale Contact for pricing
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Village Green Center

4315 Lake Shore Drive, Landon Branch, Waco, TX
Property

Office

13,225 SF
Availability

2 Spaces

2,350 SF
Year Built

1972
For Lease

$1,500.00 - $2,000.00/MO
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400 Austin Ave

400 Austin Ave, Brazos, Waco, TX
Property

Office
Availability

1 Space

2,000 SF
For Lease Contact for pricing
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Central Texas Marketplace

2708 West Loop 340, Kendrick, Waco, TX
Property

Retail

429,776 SF
Availability

10 Spaces

25,138 SF
Year Built

2004
For Lease Contact for pricing
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5301 Bosque Blvd

5301 Bosque Blvd, Mountainview, Waco, TX
Property

Retail
Availability

1 Space

12,000 SF
For Lease Contact for pricing
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614 N Valley Mills Dr

614 N Valley Mills Dr, Richland Hills, Waco, TX
Property

Retail

5,421 SF
Availability

1 Space

5,421 SF
Year Built

1994
For Lease Contact for pricing
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4671 S Jack Kultgen Expy

4671 S Jack Kultgen Expy, Kendrick, Waco, TX
Property

Retail

7,680 SF
Year Built

2014
For Sale Contact for pricing
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6 Lots on Bridge Street

6 Lots on Bridge Street , East Riverside, Waco, TX
Property

VacantLand
For Sale

Upon Request
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408 S Lacy Dr

408 S Lacy Dr, Lacy-Lakeview, WACO, TX
Property

VacantLand
For Sale

$500,000
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3321 Mary

3321 Mary, Austin Ave, Waco, TX
Property

Industrial

32,000 SF
Availability

1 Space

15,000 SF
For Lease

$6.00/SF/YR
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709 Kane

709 Kane, Bellmead, TX
Property

Industrial

1,560 SF
Availability

1 Space

1,560 SF
For Lease

$9.00/SF/YR
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219 Mann St

219 Mann St, East Riverside, Waco, TX
Property

VacantLand
For Sale

$276,000
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2325 Marketplace Dr

2325 Marketplace Dr, Kendrick, Waco, TX
Property

Retail

8,424 SF
Availability

1 Space

8,424 SF
Year Built

2006
For Lease Contact for pricing
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510 N Valley Mills Dr

510 N Valley Mills Dr, Richland Hills, Waco, TX
Property

Office
Availability

1 Space

3,780 SF
For Lease Contact for pricing
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4671 S Jack Kultgen Expy

4671 S Jack Kultgen Expy, Kendrick, Waco, TX
Property

Retail

7,680 SF
Availability

1 Space

7,680 SF
Year Built

2014
For Lease Contact for pricing
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2317 Joey Dr

2317 Joey Dr, Kendrick, Waco, TX
Property

VacantLand
For Sale

$128,000
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Russell's Pecans and Fine Candy

12633 Gholson Rd, Gholson, Waco, TX
Property

Other

5,314 SF
For Sale

$5,430,000
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2121 W Waco Dr

2121 W Waco Dr, Sanger-Heights, Waco, TX
Property

Industrial

3,000 SF
Availability

1 Space

3,000 SF
For Lease

$3,000.00/MO
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500 S. Valley Mills Drive

500 S Valley Mills Dr, Beverly Hills, Waco, TX
Property

VacantLand

55,491 SF
Year Built

1958
For Sale

$1,544,114.88
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1208 N Robinson Dr

1208 N Robinson Dr, Robinson, TX
Property

Retail

57,577 SF
For Sale

$3,500,000
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4201 Franklin Ave

4201 Franklin Ave, Kendrick, Waco, TX
Property

VacantLand
For Sale Contact for pricing
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2332 S 18th St

2332 S 18th St, Alta Vista, Waco, TX
Property

VacantLand

139,740 Acre
For Sale

$700,000
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1717 S. Valley Mills

1717 S. Valley Mills, Beverly Hills, Waco, TX
Property

Retail

37,127 SF
Availability

2 Spaces

2,529 SF
For Lease Contact for pricing
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605 Austin Avenue

605 Austin Avenue, Brazos, Waco, TX
Property

Office

25,620 SF
Year Built

1910
For Sale Contact for pricing
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West Bay

921 S 9th St, Brazos, Waco, TX
Property

Retail

6,948 SF
Availability

1 Space

2,250 SF
Year Built

2018
For Lease Contact for pricing
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Hogan Ln

Hogan Ln, Bellmead, Waco, TX
Property

VacantLand

5.34 Acre
For Sale

$1,628,272
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1120 Lake Air Dr.

1120 Lake Air Dr., Brookview-Heart of Texas, Waco, TX
Property

Retail

12,917 SF
Availability

1 Space

5,500 SF
For Lease Contact for pricing
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1838 N Valley Mills Dr.

1838 N Valley Mills Dr., Ridgewood Country Club, Waco, TX
Property

Office

5,322 SF
Availability

2 Spaces

296 SF
For Lease

$375.00 - $400.00/MO
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Riverfront Waco

IH 35 & University Parks Dr, Brazos, Waco, TX
Property

Retail

16,484 SF
Availability

1 Space

10,484 SF
For Lease Contact for pricing
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Contractor's Row

317 Factory Dr., Kendrick, Waco, TX
Property

Office

9,267 SF
Availability

2 Spaces

1,685 SF
Year Built

1956
For Lease

$250.00 - $1,200.00/SF/YR
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Brazos Place

4300 W Waco Dr, Kendrick, Waco, TX
Property

Retail

157,800 SF
Availability

6 Spaces

37,116 SF
For Lease

$10.00 - $26.00/SF/YR
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Eastgate Plaza

101 Eastgate Plaza, Bellmead, Waco, TX
Property

Retail

112,923 SF
Availability

4 Spaces

20,203 SF
Year Built

1966
For Lease Contact for pricing
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New Dallas Hwy

New Dallas Hwy, Lacy-Lakeview, Waco, TX
Property

VacantLand
For Sale

$550,000
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820 I 35 N

820 I 35 N, Baylor, Waco, TX
Property

VacantLand
Availability

1 Space
For Lease Contact for pricing
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112 Clay Ave

112 Clay Ave, Brazos, Waco, TX
Property

Retail

3,600 SF
Year Built

1920
For Sale

$650,000
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Gateway Business Park - 20 Acres

Gateway Business Park - 20 Acres, Austin Ave, Waco, TX
Property

VacantLand
For Sale

Upon Request
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715 Lake Air Dr

715 Lake Air Dr, Richland Hills, Waco, TX
Property

Other

5,625 SF
For Sale Contact for pricing
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Central Texas Marketplace

2314 Marketplace Dr, Kendrick, Waco, TX
Property

VacantLand

0.82 Acre
For Sale Contact for pricing
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Marketplace Drive

2425 Marketplace Drive, Kendrick, Waco, TX
Property

Other

3.34 Acre
For Sale

$1,250,000
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Waco commercial real estate market incorporates 349,904 square feet of office space across 38 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Waco, the coworking segment of the commercial real estate market incorporates about 1,163 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Waco commercial real estate market includes 1,217,846 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Waco market, there is a total of 352,456 square feet of industrial property.

The listing inventory in Waco incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Waco is represented by Industrial space, which accounts for 454,551 square feet of available listings. Retail space available in Waco adds up to 446,334 square feet.

Meanwhile, most of the listings of commercial property for sale in Waco are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Waco is $17.35 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Waco can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Waco, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Waco is in the Richland Hills neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Richland Hills area.

Meanwhile, retail space opportunities are most abundant in the Kendrick submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Austin Ave.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $41.55 per square foot. In particular, the property type commanding the highest lease rates in Waco was Office space.

The average size of a commercial property in Waco depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Waco, the average size of an office property is 24,994 square feet.
Retail properties here incorporate an average of 57,993 square feet.
Industrial space in Waco is in buildings that are, on average 50,351 square feet in size.

Waco, TX Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Waco currently add up to 1,205,700 square feet. The market offers 34 active office listing(s), which amount to 145,387 square feet and account for 30% of commercial spaces on the market. Local retail availability includes 457,158 square feet across 49 retail space(s). Industrial space for rent opportunities in Waco amount to 473,151 square feet across a total of 19 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	34	145,387
Retail	49	457,158
Industrial	19	473,151
Other	9	130,004

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Waco, TX. Currently, there is 1,071,015 square feet of commercial property for sale here , which includes 6 office building(s) for sale , 15 retail investment opportunity listing(s) , and 7 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	6	41,320
Retail	15	326,112
Industrial	7	539,061
Other	50	164,522

Waco, TX Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Waco, TX?

What factors affect the price of commercial real estate in Waco, TX?

What is the average rent for commercial space in Waco, TX?

What are the best areas for commercial real estate in Waco, TX?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Waco, TX?

Waco, TX Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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