1130 Loop Waco, TX 76705
Invest in this exceptional 32,442 square foot office building, ideally situated in Waco, Texas. This Class B property, built in 2016, boasts a spacious two-story design on a generous 2.801-acre lot. The building's previous use as a medical facility makes it perfectly suited for continued medical office use or adaptable for general office purposes. Located at 1130 TX-340 Loop, Waco, TX 76705, this property offers unparalleled visibility and accessibility. Its strategic location immediately west of IH-35 and north of Loop 340 provides easy access to major transportation arteries, including New Dallas Highway (Hwy 77). The surrounding area features a mix of retail and restaurants, offering convenient amenities for tenants and employees. With ample parking (166 spaces) and a C1 zoning permit, this property presents a unique opportunity for investors and businesses seeking a high-profile location in a thriving market. The building's excellent visibility from IH-35 and its convenient location within the Lacy Lakeview municipality add to its significant appeal. This is a rare chance to acquire a well-maintained, versatile commercial property in a desirable area of Waco.
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Heather L. Braun, PA Physician
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.