Office/Warehouse Flex
For Sale
$675,000
6808 Broad Ave, Woodway, TX 76712
Flex office and warehouse space includes overhead door access and ample parking for office or service users.
Property Size4,201 SF
Days on Market95
Property Features for 6808 Broad Ave
General Information
Standard status
Active
Size
4,201 SF
Property subtype
Industrial - Warehouse/Distribution
Additional Details
Highway Access
Yes
Building Details
Building Size
4,201 SF
Listing Agency:
Cromwell Commercial Group | Coldwell Banker Apex, Realtors
Listed By:
Caleb Loudamy · License #713215
(254) 776-0000
Source:
Commercialcafe
Added: Jul 11
Changed: Oct 13
Last Checked: Oct 12 at 5:01PM
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 Cromwell Commercial Group | Coldwell Banker Apex, Realtors
Investment Insights
Based on property information with market context.
This office/warehouse flex building features a clean, high-end office buildout paired with warehouse space with overhead door access. The property also includes ample parking to support tenant and customer access.
Located within Woodway’s industrial business park, the building offers convenient access to Highway 84 and Highway 6, with quick routes to the greater Waco area.
The combination of dedicated office improvements and grade-level warehouse access makes the layout suitable for a range of office, warehouse, or service-oriented operations, subject to applicable approvals.
Located within Woodway’s industrial business park, the building offers convenient access to Highway 84 and Highway 6, with quick routes to the greater Waco area.
The combination of dedicated office improvements and grade-level warehouse access makes the layout suitable for a range of office, warehouse, or service-oriented operations, subject to applicable approvals.
Key Highlights
- Office/warehouse building located in Woodway’s industrial business park
- Flex space includes office buildout plus warehouse area
- Warehouse includes overhead door access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,271
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,125,420
$1.1M
Cap Rate 7%
$803,871
$803.9K
Cap Rate 9%
$625,233
$625.2K
Market Conditions
NOI Build-Up for 4,201 SF
Gross rent
$103.3K $24.60/SF
− Vacancy
−$28.3K −$6.74/SF
EGI
$75.0K $17.86/SF
− OpEx
−$18.8K −$4.46/SF
NOI
$56.3K $13.39/SF
Area
McLennan County, TX
Vacancy
27.40%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,125,420
Cap Rate 7%
$803,871
Cap Rate 9%
$625,233
Alternative Uses
Best Use
Office B
$803.9K
$703.4K – $937.9K
NOI $56,271 @ 7.0% cap · market cap 8.34%
Second Best
Flex RnD
$430.7K
$376.8K – $502.4K
NOI $30,146 @ 7.0% cap · market cap 4.47%
Theoretical Best
Multifamily LT 5
$52.33M
$45.79M – $61.06M
NOI $3,663,393 @ 7.0% cap · market cap 542.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,505
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex office and warehouse space includes overhead door access and ample parking for office or service users.
Where is this flex space located?
The property is located at 6808 Broad Ave Woodway, 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: Office/warehouse building located in Woodway’s industrial business park; Flex space includes office buildout plus warehouse area; Warehouse includes overhead door access
