Flex Industrial Space with
New
For Lease
$8 SF/Yr
501 Precision Drive, Waco, TX 76710
Combined office, warehouse, dock, storage, and production-oriented features support a range of industrial operations.
Space Size89,750 SF
Days on Market3
Property Features for 501 Precision Drive
General Information
Standard status
Active
Size
89,750 SF
Net Rentable
3,057 SF
Property subtype
Industrial
Lease Term
NNN
Space & Availability
Available Space
3,057 SF
Contiguous Space
3,057 SF
Space Use
Office
Private Offices
4
Warehouse & Industrial
Clear Span
Yes
Office Build-Out
3,057 SF
Amenities
breakroom
bullpen
IT
restrooms
Building Details
Building Size
89,750 SF
Year Built
1977
Spaces For Lease
at 501 Precision Drive Contact us- Size
- 89,750 SF
- Type
- Manufacturing
- Term
- 5 to 7 years
501 Precision Drive (copy) $8/SF/Yr
Listing Agency:
Reid Peevey Commercial Real Estate
(254) 715-4592
Listed By:
Jim Peevey SIOR, CCIM · License #TX #0419000
(254) 715-4592
Source:
Reidpeevey
Added: Aug 8
Changed: Aug 10
Last Checked: Aug 10 at 3:42AM
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 Reid Peevey Commercial Real Estate
Investment Insights
Based on property information with market context.
This flex industrial property combines office, warehouse, storage, and specialized production-related improvements within a multi-area configuration. Office improvements include four offices, a breakroom, bullpen, IT area, and restrooms. Warehouse components include clear-span space, climate-controlled space, covered dock area, enclosed storage, and a separate warehouse area. The property also includes 16 silos associated with prior injection molding operations.
Located at 501 Precision Drive in Waco, Texas, the facility was built in 1977 and includes an inactive rail spur. Its varied improvements provide a substantial industrial footprint with dedicated administrative and operational areas.
Located at 501 Precision Drive in Waco, Texas, the facility was built in 1977 and includes an inactive rail spur. Its varied improvements provide a substantial industrial footprint with dedicated administrative and operational areas.
Key Highlights
- 3,057 SF of office space with 4 offices, breakroom, bullpen, IT area, and restrooms
- 48,000 SF of clear‑span warehouse space with 120' sections
- 15.000 SF of clear‑span climate‑controlled space with 80 tons
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76710, TX
24,874
Population
12,391
Households
2
Avg Household Size
38
Median Age
32%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
2,675
Density / Sq Mi
$53,304
Median Household Income
$36,425
Median Earnings
$1,098
Median Rent
$229,000
Median Home Value
Market
Lease Benchmarks for Waco, TX
$10.49 /SF/Yr
Avg Asking Price
$6.5–$16 /SF/Yr
Price Range
7,140 SF
Avg Space Size
This space is priced 24% below the average of $10.49 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Firehouse Subs Waco — 4215 Franklin Ave, Waco, TX 76710
Frequently Asked Questions
What type of property is this?
Flex space - Combined office, warehouse, dock, storage, and production-oriented features support a range of industrial operations.
Where is this flex space located?
The property is located at 501 Precision Drive Waco, TX.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 3,057 SF of office space with 4 offices, breakroom, bullpen, IT area, and restrooms; 48,000 SF of clear‑span warehouse space with 120' sections; 15.000 SF of clear‑span climate‑controlled space with 80 tons
