Warehouse for
For Sale
$850,000
7527 Karl May Drive, Waco, TX 76708
Warehouse property available for sale at 7527 Karl May Drive in Waco, Texas.
Property Size4,200 SF
Days on Market94
Property Features for 7527 Karl May Drive
General Information
Standard status
Active
Size
4,200 SF
Property subtype
Special Purpose
Building Details
Building Size
4,200 SF
Year Built
2026
Listed By:
Rene Banglesdorf · License #TX #838832-SA
(512) 818-0964
Source:
7s
Added: Jul 18
Changed: Oct 11
Last Checked: Oct 19 at 5:36AM
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 Rene Banglesdorf
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,608
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,160
$832.2K
Cap Rate 7%
$594,400
$594.4K
Cap Rate 9%
$462,311
$462.3K
Market Conditions
NOI Build-Up for 4,200 SF
Gross rent
$52.9K $12.60/SF
− Vacancy
−$4.0K −$0.95/SF
EGI
$49.0K $11.66/SF
− OpEx
−$7.3K −$1.75/SF
NOI
$41.6K $9.91/SF
Area
Waco, TX
Vacancy
7.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$832,160
Cap Rate 7%
$594,400
Cap Rate 9%
$462,311
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 authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 76708, TX
28,499
Population
11,241
Households
2.5
Avg Household Size
35
Median Age
25%
College-Educated
85%
High-School Grad
48.1 sq mi
ZIP Area
592
Density / Sq Mi
$66,764
Median Household Income
$39,409
Median Earnings
$1,087
Median Rent
$204,600
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
Frequently Asked Questions
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
