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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 Market21

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: Jul 28 Last Checked: Jul 29 at 4:07PM

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

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 For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $93.3k $22.20
− Vacancy −$15.4k −$3.66
EGI $77.9k $18.54
− OpEx −$19.5k −$4.63
NOI $58.4k $13.90
4,201 SF · lease $22.20/SF/yr · vacancy 16.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$834.4K
$730.1K – $973.4K (±1% cap)
NOI $58,405 @ 7.0% cap · market cap 8.65%
Second Best
Flex RnD
$604.1K
$528.6K – $704.8K (±1% cap)
NOI $42,287 @ 7.0% cap · market cap 6.26%
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.

Property 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

1,352
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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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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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