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Multi-Building Office and Retail
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7701 Central Park Drive, Woodway, TX 76712

Two office buildings offer a renovated larger space and a smaller shell ready for finish out.

Property Size6,560 SF
Days on Market116

Property Features for 7701 Central Park Drive

General Information

Standard status Active
Size 6,560 SF
Property subtype Office, Retail

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Office Units 2

Building Details

Year Renovated 2013
Listing Agency: Onward Real Estate Team - Keller Williams
Listed By: Brad Harrell · License #TX 363789
Source: Crexi
Added: Apr 10 Changed: Jul 23 Last Checked: Jul 23 at 8:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Onward Real Estate Team - Keller Williams

Investment Insights

Based on property information with market context.

Located off Texas Central Parkway at 7701 Central Park Drive in Woodway, this property includes two existing improvements. The larger building is 3,960 SF and was renovated in 2013, while the smaller building is 2,600 SF and is currently a shell with finish-out opportunities.

The property is positioned just seconds from both Highway 84 and Imperial Drive and minutes from Hewitt Drive. It is within the city limits of Woodway, just outside of Waco, Texas.

This multi-building setup can support a range of office and retail configurations based on the space currently available, including a renovated option and a shell space for customization.

Key Highlights

  • Two office buildings on Central Park Drive in Woodway (just outside Waco), offering 3,960 SF and 2,600 SF spaces.
  • Larger building: 3,960 SF office space renovated in 2013.
  • Smaller building: 2,600 SF shell ready for finish out.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Grocery & Convenience Store Auto Repair Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

718
Businesses Nearby

Demographics for 76712, TX

27,800
Population
11,704
Households
2.4
Avg Household Size
41
Median Age
49%
College-Educated
96%
High-School Grad
52.4 sq mi
ZIP Area
531
Density / Sq Mi
$96,267
Median Household Income
$56,879
Median Earnings
$1,333
Median Rent
$302,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two office buildings offer a renovated larger space and a smaller shell ready for finish out.
Where is this office building located?
The property is located at 7701 Central Park Drive Woodway, TX.
What are key features of this property?
This property features: Two office buildings on Central Park Drive in Woodway (just outside Waco), offering 3,960 SF and 2,600 SF spaces.; Larger building: 3,960 SF office space renovated in 2013.; Smaller building: 2,600 SF shell ready for finish out.
(254) 717-9306 Call to check price and availability
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