Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    602 Ave B Moody, TX 76557

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $999,000

    Versatile industrial warehouse with loading dock, convenient location.

    Type:Industrial
    Property size:
    18,172 SF
    Added:
    Mar 3, 2026
    Days on Market:
    29
    Last Refresh:
    Mar 16 at 2:15 pm

    Property Features for 602 Ave B

    General Information

    Standard status
    Active
    Size
    18,172 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Nathan Embry
    Nathan Embry

    Listing agent Nathan Embry License #668380

    Listing office Kelly Commercial

    Listing date Mar 3, 2026

    Source Crexi

    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

    Overview

    Industrial Warehouse with Loading Dock

    This industrial property features an insulated warehouse with a loading dock and rolling door. It includes two grade-level 12-foot roll-up doors. The property offers 1,595 square feet of available office space and an on-site industrial scale. Conveniently located near Waco and Temple, the property is suitable for various industrial and commercial uses. The seller will convey the title to the property with a restriction that for a period of twenty (20) years following the conveyance, the property may not be used for the sale or distribution of agricultural chemicals, seed, or fertilizer. The property has a size of 18,172 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store Department Store Kitchen & Bath Showroom

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Moody
    County
    McLennan
    State
    Texas
    Longitude
    -97.3985
    Latitude
    31.2688

    Nearby Similar for Sale

    • $300,000

      Moody Car Wash Opportunity

      Car wash property with highway visibility and ice vending machine.
      703 Avenue D, Moody, TX 76557
      View Details
    • $990,000
      4,950 SF

      Turnkey Ranchette with Income Potential

      Picturesque ranchette on 10+ acres with multiple dwellings.
      375 J B Vandiver Loop, Moody, TX 76557
      View Details
    • $339,900

      Farm and Ranch Property

      26.98-acre farm and ranch property in Moody, TX.
      16071 FM 107, Moody, TX 76657
      View Details
    • $1,000,000

      Moody, TX Ranch Opportunity

      81.31 acre ranch property in Moody, Texas for sale.
      8212 Eddy Gatesville Parkway, Moody, TX 76557
      View Details
    • $1,243,485

      Farm and Ranch Property

      113.25 acre farm and ranch property in Moody, TX.
      2281 J B Vandiver Loop, Moody, TX 76557
      View Details
    • $1,480,000
      4,950 SF

      Picturesque Ranchette with Two Dwellings

      30+ acre ranchette with two dwellings and mother-in-law suite.
      375 J B Vandiver Loop, Moody, TX 76557
      View Details
    • $185,000

      Storefront Opportunities in Moody, TX

      Storefront properties available for multiple uses in Moody, TX.
      Tbd Avenue E, Moody, TX 76557
      View Details
    • $185,000

      Storefront Opportunities in Moody, TX

      Storefront properties available for multiple uses in Moody, TX.
      Tbd Lot 5 Avenue D, Moody, TX 76557
      View Details
    • $185,000

      Storefronts in Moody, Texas

      Storefront properties available for multiple uses in Moody, TX.
      Tbd Avenue D, Moody, TX 76557
      View Details
    • $185,000

      Storefronts in Moody, Texas

      Storefront property available for multiple uses in Moody, TX.
      Tbd Lot 4 Avenue D, Moody, TX 76557
      View Details
    • $1,395,000
      2,856 SF

      Moody Ranch with Hilltop Views

      121.34 acre ranch near Temple, Belton, and Waco.
      8212 Eddy-Gatesville Parkway, Moody, TX 76557
      View Details
    • $575,000

      Central Texas Horse Property

      6.6+/- acre horse property with house, barn, and pool.
      Moody, TX 76557
      View Details

    FAQs

    What type of property is this?
    Warehouse - Versatile industrial warehouse with loading dock, convenient location.
    Where is this warehouse located?
    The property is located at 602 Ave B Moody, TX.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: Loading dock with rolling door and two 12‑foot roll‑up doors.; Benefit from 1,595 SF of office space.; Convenient location between Waco and Temple.
    (254) 741-1500
    We can help!
    Listing Contact
    Nathan Embry
    Nathan Embry
    Real Estate License ID: 668380
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!