8301 Central Park Dr Waco, TX 76712
This exceptional 10,000-square-foot executive office building, located at 8301 Central Park Drive in Woodway, Texas, presents a unique investment opportunity. Situated in McLennan County, zip code 76712, the property boasts a convenient location near Providence Park, Highway 84, and the Industrial Park, offering excellent accessibility and visibility. Built in 1979 and extensively renovated in 2015, the building is in excellent condition and ready for immediate occupancy. The entire 10,000 square feet is currently vacant, providing a blank canvas for a new tenant or owner-occupier. The property is zoned M-2, allowing for a variety of commercial uses. The single-tenant configuration simplifies management and offers significant potential for long-term lease agreements. This property is ideal for a business seeking a prominent location with ample space and modern amenities. Its previous use as a nurse's office suggests adaptability to various healthcare or professional office settings. The building's strategic location and recent renovations make it a highly attractive proposition for businesses seeking a well-maintained and conveniently located office space in the thriving Waco area. The property's size and zoning offer flexibility for a range of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.