Flex Space with Roll-Up
For Lease
$12 SF/Yr NNN
1516 East Waco Drive, Waco, TX 76704
Versatile commercial space with an active interior build-out and C-3 zoning along East Waco Drive.
Space Size1,581 SF
Lot Size0.31 Acres
Days on Market108
Property Features for 1516 East Waco Drive
General Information
Standard status
Active
Size
1,581 SF
Net Rentable
1,581 SF
Lot size
0.31 Acres
Property subtype
SCR-COM, SCR-FREE
Zoning
C-3
Lease Type
NNN
Space & Availability
Available Space
1,581 SF
Contiguous Space
1,581 SF
Floor
Ground
Site & Location
Traffic Count
10,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Drive-In Doors
3
Amenities
grade-level roll-up doors
interior build-out in progress
Building Details
Building Size
1,581 SF
Buildings
1
Stories
1
Listing Agency:
Onward Real Estate Team - Keller Williams
(254) 870-0050
Listed By:
Brad Harrell, CCIM · License #363789
(254) 870-0050
Source:
Realnex
Added: May 15
Changed: Aug 29
Last Checked: Aug 29 at 9:31PM
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.
This 1,581-square-foot flex property occupies 0.31 acres and includes three grade-level roll-up doors measuring 10' x 10' each. The building can accommodate retail, light distribution, or service-oriented uses, with interior build-out currently underway for customization. A new roof was installed in 2026.
Positioned along East Waco Drive near US Highway 84, the property has direct exposure to approximately 10,000 vehicles per day. Interstate 35 is nearby, with traffic counts exceeding 97,000 vehicles per day. The address is 1516 East Waco Drive, Waco, TX 76704, and the property is zoned C-3.
Positioned along East Waco Drive near US Highway 84, the property has direct exposure to approximately 10,000 vehicles per day. Interstate 35 is nearby, with traffic counts exceeding 97,000 vehicles per day. The address is 1516 East Waco Drive, Waco, TX 76704, and the property is zoned C-3.
Key Highlights
- 1,581 SF flex property on 0.31 acres
- Three 10' x 10' grade‑level roll‑up doors
- New roof installed in 2026
Property Analytics
Property Profile
Current Use
Lease Details
3
Drive-in doors
10,000 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76704, TX
7,220
Population
3,703
Households
1.9
Avg Household Size
35
Median Age
8%
College-Educated
78%
High-School Grad
5.4 sq mi
ZIP Area
1,337
Density / Sq Mi
$24,208
Median Household Income
$24,363
Median Earnings
$788
Median Rent
$112,800
Median Home Value
Market
Lease Benchmarks for Waco, TX
$9.82 /SF/Yr
Avg Asking Price
$6.5–$16 /SF/Yr
Price Range
7,140 SF
Avg Space Size
This space is priced 22% above the average of $9.82 /SF/Yr.
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Papa Jack's BBQ — 700 E Waco Dr suite A, Waco, TX 76704
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial space with an active interior build-out and C-3 zoning along East Waco Drive.
Where is this flex space located?
The property is located at 1516 East Waco Drive Waco, TX.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 1,581 SF flex property on 0.31 acres; Three 10' x 10' grade‑level roll‑up doors; New roof installed in 2026
