4800 Waco Dr Waco, TX 76710
- Commercial real estate
- 32,738 SF
- 2.90 lot acres
Current Use by Public Records
- Primerica / Life Insurance Agency
- Ryberg Plumbing LLC / Plumber
- Fi’s Massage / Health Spa
- Belle Painting Co. / Painting
- centexbeat / Advertising Agency
Property Details for 4800 Waco Dr
- Year built
- 1964
- Construction
- CONCRETE BLOCKS
- Lot size
- 2.90 lot acres
- Property size
- 32,738 SF
- Zone code
- C3
- Property type
- Commercial real estate
- APN
- 480088000563000
- APU
- 480088000563000
Description
This single-story, 32,700 square foot office building at 4800 W Waco Dr, Waco, TX 76710, offers a unique opportunity for businesses seeking flexible office space in McLennan County. The property, built in 1964 and classified as Class C, features a traditional office layout with creative office options, accommodating diverse business needs. Currently, 10,000 square feet is available for lease, divisible into units as small as 250 square feet, with a maximum contiguous space of 8,000 square feet. The building comprises 20 total suites, situated on a 2.93-acre lot. The property boasts a convenient location off Waco Drive, providing excellent accessibility and ample parking. Tenants can choose from immediately available move-in ready spaces or explore build-to-suit options in the rear of the building. The building features a 12-foot ceiling height, but lacks elevators. The zoning is C-3. This is an exceptional opportunity to secure office space in a central Waco location with the flexibility to accommodate various business sizes and requirements.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $965,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,105,000
- 6.5%
- $975,000
- 7%
- $980,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $950,000
- Geo Method
- $1,180,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $990,000
- Retail
- $1,120,000
- Mixed-Use
- $915,000
- Hospitality
- $1,065,000
- Educational
- $840,000
- Residential Income
- $895,000
- Energy
- $1,130,000
- Income-Based Land
- $1,035,000
- Food Service
- $1,005,000
Location Insight
- Map
- Local Demand
- City
- Waco
- County
- Mclennan
- State
- Texas
- Longitude
- -97.1773
- Latitude
- 31.5211
- CBSA code
- 47380
- CBSA name
- WACO, TX METROPOLITAN STATISTICAL AREA