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    1037 Industrial Blvd Hewitt, TX 76643

    For Lease
    $5 SF/Yr ($6,147 /Mo)

    14,754 SF Manufacturing/Warehouse

    Lot size:
    14,754 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 14,754-square-foot industrial property in Hewitt, Texas, is available for sublease until April 2025. Built in 1975 and renovated in 1987, this single-tenant facility offers a blend of established infrastructure and functional design. The property boasts two dock-high doors and three drive-in doors, ensuring efficient loading and unloading. Power is provided by a robust 480V 3-phase system, ideal for various manufacturing and warehousing operations. The expansive yard space is currently leased to 160 Driving Academy, providing additional income potential. Strategically located in a C-O (Outdoor Commercial) zoned area, the property benefits from exceptional visibility with approximately 275 feet of frontage on Enterprise Boulevard and 580 feet on Industrial Drive. High traffic counts on nearby Interstate 35 (approximately 65,840 vehicles daily, according to 2020 TxDOT data) offer significant exposure. Situated within the Hewitt city limits, this property enjoys the advantages of the Waco Metropolitan Statistical Area, home to over 270,000 people, and is conveniently located near Waco, approximately 90 miles south of the Dallas/Fort Worth area and about 100 minutes north of Austin. This presents a compelling sublease opportunity with strong potential for continued success. The property's location and features make it an attractive investment in a thriving commercial area.

    Property Features for 1037 Industrial Blvd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,754 SF
    Total Rate
    6147.5

    Building Details

    Year Built/Renovated
    1975/1987

    Unit(s) available at that property

    Space
    Size
    14,754 SF
    Rate per SF
    $5

    HighLights

    • Sublease opportunity: 14,754 SF industrial building in Hewitt, TX, available until April 2025.
    • Features two dock‑high doors and three drive‑in doors, plus ample yard space.
    • Offers 480V 3‑phase power and high visibility on Enterprise and Industrial Drives.
    • C‑O zoned property with high traffic counts on I‑35, near Waco and the DFW metroplex.
    • Located in Hewitt, TX, within the Waco MSA (population over 270,000).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store Department Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Hewitt
    County
    McLennan
    State
    Texas
    Longitude
    -97.181955493455
    Latitude
    31.446060314286

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    FAQs

    What type of property is this?
    Distribution property - 14,754 SF Manufacturing/Warehouse
    Where is this distribution property located?
    The property is located at 1037 Industrial Blvd Hewitt, TX.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: Sublease opportunity: 14,754 SF industrial building in Hewitt, TX, available until April 2025.; Features two dock-high doors and three drive-in doors, plus ample yard space.; Offers 480V 3-phase power and high visibility on Enterprise and Industrial Drives.
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    1037 Industrial Blvd Hewitt, TX 76643
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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
    1037 Industrial Blvd Hewitt, TX 76643
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