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Office/Warehouse Flex Building
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6808 Broad Ave, Waco, TX 76712

Flex office/warehouse building includes high-end office buildout, overhead door access, and ample parking.

Property Size4,201 SF
Price / SF$160.68
Days on Market113

Property Features for 6808 Broad Ave

General Information

Standard status Active
Size 4,201 SF
Property subtype INDUSTRIAL

Additional Details

Highway Access Yes
Listing Agency: Cromwell Commercial Group
Listed By: Caleb Loudamy · License #713215
Source: Moodyscre
Added: Jul 10 Changed: Oct 26 Last Checked: Oct 28 at 11:24AM

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 Cromwell Commercial Group

Rey
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Investment Insights

Based on property information with market context.

This office/warehouse flex building offers a clean, high-end office buildout paired with warehouse space designed for practical operations. Warehouse access is provided via overhead doors, and the property includes ample parking to support daily tenant and customer needs.

The building is located in Woodway’s industrial business park with quick access to Highway 84, Highway 6, and the greater Waco area.

Suitable for office, warehouse, or service-focused users, the property combines workplace improvements with direct warehouse access in a single facility.

Key Highlights

  • Flex office/warehouse building with high‑end office buildout
  • Warehouse space includes overhead door access
  • Ample parking for occupants and visitors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,287
Cap Rate
6.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,740 $845.7K
Cap Rate 7%
$604,100 $604.1K
Cap Rate 9%
$469,856 $469.9K
Market Conditions
NOI Build-Up for 4,201 SF
Gross rent
$73.1K $17.40/SF
− Vacancy
−$8.0K −$1.91/SF
EGI
$65.1K $15.49/SF
− OpEx
−$22.8K −$5.42/SF
NOI
$42.3K $10.07/SF
Area
Waco, TX
Vacancy
11.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$845,740
Cap Rate 7%
$604,100
Cap Rate 9%
$469,856

Alternative Uses

Best Use
Flex RnD
$604.1K
$528.6K – $704.8K (±1% cap)
NOI $42,287 @ 7.0% cap · market cap 6.26%
Second Best
Warehouse
$594.5K
$520.2K – $693.6K (±1% cap)
NOI $41,618 @ 7.0% cap · market cap 6.17%
Theoretical Best
Office A
$1.11M
$969.8K – $1.29M (±1% cap)
NOI $77,584 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

League Electric Electrical Service Di Campli's Food ... Restaurant Vaughn Construction Construction Company

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Restaurant Food Market Pharmacy

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,505
Businesses Nearby
Balanced
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Flex office/warehouse building includes high-end office buildout, overhead door access, and ample parking.
Where is this flex space located?
The property is located at 6808 Broad Ave Waco, TX.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Flex office/warehouse building with high‑end office buildout; Warehouse space includes overhead door access; Ample parking for occupants and visitors
(254) 981-3036 Call to check price and availability
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