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Property profile & analytics
OFF-MARKET
Land

72 University Parks Dr Waco, TX 76706

72 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 343-square-foot executive office suite is ideally located at 1477 Knowles Avenue, Suite 101, in New Richmond. Available for lease starting November 15th, 2024, this single-tenant space offers a highly convenient location near Kwik Trip and Caribou Coffee, ensuring easy access for clients and employees. The suite boasts two private offices and a reception/office area, providing ample space for a small business or professional practice. The full gross lease of $825 per month includes all utilities except internet and phone service, offering predictable and manageable operating costs. High-speed internet access is available in the building. The property features a private parking lot and the opportunity for boulevard signage, enhancing visibility and brand recognition. Common area restrooms are maintained as part of the lease, ensuring a clean and professional environment. The building itself is well-maintained, reflecting a commitment to providing a high-quality workspace. This is a fantastic opportunity for a business seeking a move-in ready, professionally managed office space in a desirable location. All information is believed to be accurate but is not guaranteed.

Property profile
Verified
Property type Land
Lot 72 ac (3,136,320 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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