Flex Space with Shop
For Sale
Contact for pricing
1712 S Valley Mills Dr, Waco, TX 76711
Flexible commercial space combines retail or service potential with dedicated shop functionality.
Property Size6,075 SF
Price / SF$242.80
Days on Market183
Property Features for 1712 S Valley Mills Dr
General Information
Standard status
Active
Size
6,075 SF
Property subtype
Industrial, Retail
Listing Agency:
Kelly Commercial
Listed By:
Colt Kelly · License #TX 717734
(254) 741-1500
Source:
Crexi
Added: Apr 15
Changed: Oct 6
Last Checked: Oct 12 at 9:01PM
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 Kelly Commercial
Investment Insights
Based on property information with market context.
This 6,075-square-foot flex property combines retail or service-use potential with shop space, supporting a range of commercial configurations. Nine existing overhead doors provide substantial loading and access functionality for operations requiring frequent movement of vehicles, equipment, or materials.
The property is located on S Valley Mills Dr in Waco, with 2024 TxDOT AADT reported at 25,261 for Valley Mills Dr. The address is 1712 S Valley Mills Dr, Waco, TX 76711.
The property is located on S Valley Mills Dr in Waco, with 2024 TxDOT AADT reported at 25,261 for Valley Mills Dr. The address is 1712 S Valley Mills Dr, Waco, TX 76711.
Key Highlights
- 6,075 square feet of flex commercial space
- Nine existing overhead doors
- Retail or service‑use potential with shop space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,791
Cap Rate
4.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,415,820
$1.4M
Cap Rate 7%
$1,011,300
$1.0M
Cap Rate 9%
$786,567
$786.6K
Market Conditions
NOI Build-Up for 6,075 SF
Gross rent
$113.0K $18.60/SF
− Vacancy
−$11.9K −$1.95/SF
EGI
$101.1K $16.65/SF
− OpEx
−$30.3K −$4.99/SF
NOI
$70.8K $11.65/SF
Area
Waco, TX
Vacancy
10.50%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,415,820
Cap Rate 7%
$1,011,300
Cap Rate 9%
$786,567
Alternative Uses
Best Use
Retail
$1.01M
$884.9K – $1.18M
NOI $70,791 @ 7.0% cap · market cap 4.80%
Second Best
Flex RnD
$873.6K
$764.4K – $1.02M
NOI $61,150 @ 7.0% cap · market cap 4.15%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,193 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76711, TX
9,806
Population
4,143
Households
2.4
Avg Household Size
33
Median Age
17%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
2,452
Density / Sq Mi
$52,617
Median Household Income
$33,989
Median Earnings
$1,314
Median Rent
$112,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial space combines retail or service potential with dedicated shop functionality.
Where is this flex space located?
The property is located at 1712 S Valley Mills Dr Waco, TX.
What is the asking price?
The asking price for this property is $1,475,000.
What are key features of this property?
This property features: 6,075 square feet of flex commercial space; Nine existing overhead doors; Retail or service‑use potential with shop space
