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    345 Owen Ln Waco, TX 76710

    Sponsored
    For Lease
    Contact for pricing

    Modern Waco Office Space, 3,826 sqft

    Lot size:
    3,826 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,826-square-foot office building in Waco, Texas, presents a unique investment opportunity. Located at 345 Owen Ln, 76710, this property boasts a prime location near the intersection of Highway 84 and Highway 6, conveniently shadowed by Richland Mall. The building offers easy access to shopping, dining, and healthcare facilities. Completely renovated in 2020, both the interior and exterior showcase modern updates. The property features ample parking and large windows, creating a bright and inviting atmosphere. The flexible space allows for multiple tenants, with units ranging from a minimum of 108 square feet to a maximum contiguous space of 1,816 square feet. Currently, the entire 3,826 square feet is vacant, providing an ideal opportunity for a single tenant or multiple smaller businesses. The property sits on a 2.233-acre lot and is zoned C-3, offering versatility for various commercial uses. This upscale office environment offers competitive rental rates, making it an attractive option for businesses seeking a modern and convenient location in Waco. The building has a single suite.

    Property Features for 345 Owen Ln

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,826 SF

    Building Details

    Year Renovated
    2020

    Unit(s) available at that property

    Space
    Suite 129
    Size
    949 SF
    Space
    Suite 123
    Size
    240 SF
    Space
    Suite 125
    Size
    1,070 SF

    HighLights

    • Prime location at Hwy 84 & Hwy 6 intersection near Richland Mall in Waco, TX.
    • Completely renovated 3,826 SF office building on a 2.23‑acre lot (C‑3 zoning).
    • Shared breakroom with vending, sink, microwave, and refrigerator.
    • Large monument signage.
    • Ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fitzhugh Insurance & Bonds Insurance Agency Get Out Of Your ... Psychotherapist Salinas Insurance Inc Insurance Agency Standards Home Health ... Home Health Care Service IdentoGo Fingerprinting Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    Mclennan
    State
    Texas
    Longitude
    -97.193549326015
    Latitude
    31.516745542872

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    FAQs

    What type of property is this?
    Office space - Modern Waco Office Space, 3,826 sqft
    Where is this office space located?
    The property is located at 345 Owen Ln Waco, TX.
    What are key features of this property?
    This property features: Prime location at Hwy 84 & Hwy 6 intersection near Richland Mall in Waco, TX.; Completely renovated 3,826 SF office building on a 2.23-acre lot (C-3 zoning).; Shared breakroom with vending, sink, microwave, and refrigerator.
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    345 Owen Ln Waco, TX 76710
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    345 Owen Ln Waco, TX 76710
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