845 N Valley Mills Dr & 1020 Camp Dr Waco, TX 76710
Corner lot with high visibility and redevelopment potential.
Property Features for 845 N Valley Mills Dr & 1020 Camp Dr
General Information
- Standard status
- Active
- Size
- 1,617 SF
- Lot size
- 0.45 Acres
- Property subtype
- Office
Listing office Coldwell Banker Commercial Apex, Realtors
Listing date May 23, 2026
Source Crexi
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 Coldwell Banker Commercial Apex, Realtors
Investment Insights
Based on property information with market context.
Key Highlights
- High‑traffic location on N Valley Mills Drive with approximately 26,572 vehicles per day.
- Two contiguous parcels totaling 0.45+\/- acres, offering flexibility for redevelopment or expansion.
- Excellent visibility and direct frontage on N Valley Mills Drive.
Local Financial Insights For Retail
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 | $30.1k | $18.60 |
| − Vacancy | −$3.2k | −$1.95 |
| EGI | $26.9k | $16.65 |
| − OpEx | −$8.1k | −$4.99 |
| NOI | $18.8k | $11.65 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- A Rare Bloom — 1300 Lake Air Dr #6, Waco, TX 76710
- Paul Farney — 501 Lake Air Dr, Waco, TX 76710