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    Property profile & analytics

    701 Loop 340 Waco, TX 76712

    • Commercial real estate
    • 1,168 SF
    • 32.89 lot acres
    For Lease
    View listing
    $7 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US82-4634521
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Irons Kerry MD / Doctor / Occupational Medical Physician
    • Aarons Self Storage 5 / Self-Storage Facility / Boat Storage Facility
    • SpareBox Storage / Self-Storage Facility / Automobile Storage Facility
    • OccMedExpress / Occupational Health Service
    • More Clean of Texas / Commercial Cleaning Service

    Property Details for 701 Loop 340

    Year built
    1998
    Construction
    STONE
    Lot size
    32.89 lot acres
    Property size
    1,168 SF
    Zone code
    R1A
    Property type
    Commercial real estate
    APN
    480317030631082
    APU
    480317030631082

    Description

    This exceptional 1972-built warehouse, located at 701 W Loop 340, Waco, TX 76712, presents a significant opportunity for businesses seeking adaptable industrial space. The single-tenant building offers a generous footprint, perfect for a variety of uses. With a ceiling height of 20 feet, the warehouse provides ample vertical space for storage or specialized equipment. Two loading docks, each equipped with two dock-high doors, ensure efficient and convenient loading and unloading operations. The property's strategic location in Waco, Texas, offers excellent access to major transportation routes, facilitating seamless logistics and distribution. This warehouse is ready for immediate occupancy and presents a blank canvas for businesses to design and implement their ideal workspace. The building's robust structure and functional layout provide a solid foundation for long-term growth and operational efficiency. The property's single-tenancy aspect offers privacy and control, allowing businesses to tailor the space entirely to their specific needs. Don't miss this chance to secure a prime industrial property in a thriving Texas market.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    Mclennan
    State
    Texas
    Longitude
    -97.0828
    Latitude
    31.5279
    CBSA code
    47380
    CBSA name
    WACO, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $25,389
    $300,870
    $1,406,630
    $1,707,500
    -
    $300,870
    $1,406,630
    $1,707,500

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    701 Loop 340
    Waco, TX 76712
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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
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