1513 S Valley Mills Dr, Waco, TX
Retail for Sale - 12,464 Sq. Ft. on 1.46 acres
Agent Info
| Will Phipps Coldwell Banker Commercial Apex, Realtors |
Property Info
| CIMLS# | 1198019 |
| Location 1513 S Valley Mills Dr Waco TX 76711 | |
| Updated | October 28th, 2026 |
| Type | Retail |
| Price | Upon Request |
| Building | 12,464 Sq. Ft. |
| Land | 1.46 acres |
Property Description
1513 S Valley Mills Drive offers 11,280+/- SF of freestanding retail on 1.4584+/- acres at the corner of Valley Mills Drive and Speight Avenue in Waco. Built in 1999 with a drive-thru and a generous parking field, the building sits on one of Waco’s busiest retail corridors. S Valley Mills carries roughly 23,000 vehicles per day, and Interstate 35 (105,820 VPD) is minutes away.
Seller is entertaining all offers from operators, developers, or investors interested in a Sale Leaseback. The site is currently home to Mucho Gusto Supermercado, showing it can support a high-frequency, high-traffic retail operation with the current operator’s long-term occupancy available with a NNN Lease.
C-2 Community Commercial zoning allows a broad mix of retail, service and multifamily uses, so the property works for an owner-user, an investor or a redeveloper. More than 76,000 residents live within three miles, and the site is a short drive from Baylor University, one of the largest universities in Texas.



