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    OFF-MARKET
    Office Spaces

    608 Redwater Rd, Wake Village, TX 75501

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    Property summary
    AI-generated overview

    This exceptional commercial property, located at 608 & 610 Redwater Road in Wake Village, Texas (zip code 75501), offers two distinct office spaces ideal for various business needs. The property, situated conveniently just north of the town center, provides easy access and high visibility. One space, located at 608 Redwater Road, is a single studio suite encompassing approximately 1,000 square feet, available for $600 per month. This unit is perfect for a solo entrepreneur or small business requiring a compact, efficient workspace. The second space, at 610 Redwater Road, offers approximately 1,500 square feet of versatile office space. This larger unit features multiple private offices, providing ample room for a team, along with an open workspace area, promoting collaboration and flexibility. The monthly lease rate for this space is $1,750. Both spaces are part of the Wake Village Plaza and are categorized as Traditional Office, Coworking, and Creative Office spaces, making them suitable for a wide range of businesses. The property is located in Bowie County and offers a convenient and central location within Wake Village. This presents a unique opportunity to secure high-quality office space in a thriving Texas community. The property is available for multiple tenants.

    Property profile
    Verified
    Property type Office Spaces
    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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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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