Warehouse for
7527 Karl May Drive Waco, TX 76708
New
7527 Karl May Drive, Waco, TX, 76708
$850,000
For Sale
$850,000
Warehouse property available for sale at 7527 Karl May Drive in Waco, Texas.
Property Size4,200 SF
Price / SF$202.38
Days on Market4
Property Features for 7527 Karl May Drive
General Information
- Standard status
- Active
- Size
- 4,200 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2026
Listing agency
eXp Commercial LLC
(214) 704-9862
Listed by
Rene Jensen · License #0720823
(214) 532-6823
Source
Lonestarluxuryrealty
Added: Jul 18 Updated: Jul 19 at 2:07AM Checked: Jul 21 at 3:21AM
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 eXp Commercial LLC
Investment Insights
Based on property information with market context.
This warehouse property is offered for sale and includes 4,200 square feet of commercial space. It is categorized as a warehouse within the provided property details.
The property is located at 7527 Karl May Drive in Waco, Texas, with the address provided for access and further due diligence.
Additional building specifics such as office buildout, loading, utilities, condition, and site features are not included in the information provided.
The property is located at 7527 Karl May Drive in Waco, Texas, with the address provided for access and further due diligence.
Additional building specifics such as office buildout, loading, utilities, condition, and site features are not included in the information provided.
Key Highlights
- Newer warehouse built in 2026
- Warehouse property for sale at 7527 Karl May Drive in Waco, Texas
Local Financial Insights For Warehouse
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 | $52.9k | $12.60 |
| − Vacancy | −$4.0k | −$0.95 |
| EGI | $49.0k | $11.66 |
| − OpEx | −$7.3k | −$1.75 |
| NOI | $41.6k | $9.91 |
4,200 SF · lease $12.60/SF/yr · vacancy 7.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$594.4K
$520.1K – $693.5K
NOI $41,608 @ 7.0% cap · market cap 4.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.11M
$969.6K – $1.29M
NOI $77,566 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - Warehouse property available for sale at 7527 Karl May Drive in Waco, Texas.
Where is this warehouse located?
The property is located at 7527 Karl May Drive Waco, TX.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Newer warehouse built in 2026; Warehouse property for sale at 7527 Karl May Drive in Waco, Texas
