Financial
Distress signals
Property profile

1205 Loop 340 N Waco, TX 76705

FOR LEASE
Other commercial real estate
Property ID
US82-2407841
68,373 SF 6.52 ac lot Built 1978
Last sale Apr 2013
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This industrial facility provides approximately 68,312 square feet of warehouse and distribution space, configured for warehouse, distribution, and other industrial uses. The building includes an 18-foot clear height and is served by climate control. The property features an 8.82-acre paved outdoor yard for vehicle and material staging. Utility and power support includes a 1200 kW backup generator and a 30 kVA UPS. Access is provided to major roadway connections, including I-35 and Highway 6/Loop.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$69k
Tax billed · 2022
Assessed value · 2023$3.83M
Assessed land$1.45M
Assessed improvement$2.38M
Effective rate1.80%

Value estimate

· Sep 2026
$6.89M
$6.20M – $7.57M
Submarket $/SF estimate$6.16M
NOI build-up
Gross scheduled income$1.52M
Vacancy & credit loss−$250k
Operating expenses−$317k
NOI · 6,783,750.00% cap applied$950k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
6,783,750.00%
$950k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
JurisdictionMCLENNAN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency21.0
Law Firm16.7
Parking Facility12.0

Location

1205 Loop 340 N Waco, TX 76705
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4401 Orch, Waco, TX 76705-3494 $1,257 Oct 2024 No data
1110 Loop 340, Waco, TX 76705 $77,550 Jul 2023 7,200 SF
701 Kane, Waco, TX 76705-3048 $85,000 May 2022 1,164 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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