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    324 S Lacy Dr Waco, TX 76705

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    For Sale
    Contact for pricing

    7,500 SF industrial property with Forward Air tenant.

    Property size:
    7,500 SF
    Lot size:
    4.00 Acres

    Property Features for 324 S Lacy Dr

    General Information

    Size
    7,500 SF
    Lot size
    4.00 Acres

    Source: Lee & Associates Agent Jason English

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Waco Industrial Property For Sale

    This 7,500 square foot industrial property is available for sale. The property is leased to Forward Air, Inc., with a lease expiration date of January 31, 2029, and annual rent increases of 3%. The building includes approximately 750 square feet of office space and is situated on approximately 4 acres of land. It features an eave height of approximately 18 feet and is equipped with 9 dock-high doors (10' x 20'), 1 semi dock, and 1 ramp for loading. The property has city utilities, a new roof, and is fully fenced. Located with frontage on New Dallas Highway (77), it offers convenient access to Loop 340 and I-35 North, providing connectivity to the DFW area. The property is suitable for truck terminal, distribution, and warehouse use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    DB Schenker USA Freight Forwarding Service Land Air Express ... Trucking Company

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.1069897
    Latitude
    31.6171515

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    FAQs

    What type of property is this?
    Truck terminal - 7,500 SF industrial property with Forward Air tenant.
    Where is this truck terminal located?
    The property is located at 324 S Lacy Dr Waco, TX.
    What are key features of this property?
    This property features: - Tenant: Forward Air, Inc. provides stable income from a well-established tenant; - Lease Expiration: January 31, 2029, offers long-term investment security; - Location: New Dallas Highway (77) frontage with great access to Loop 340 and I-35 North running to DFW, ensures excellent connectivity
    (713) 744-7485
    Request Owner's contact information
    324 S Lacy Dr Waco, TX 76705
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    Waco, TX 76705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    324 S Lacy Dr Waco, TX 76705
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