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Property profile & analytics
OFF-MARKET Estimated value $1,780,000
Industrial properties

1001 Loop 340 Woodway, TX 76712-6844

294,396 SF 37.2 ac lot Built 1970
Entity Owned 6-yr Hold Absentee Owner Free & Clear
Property ID
US82-4859431
Property summary
AI-generated overview

This expansive industrial property, located at 1001 West Loop 340, Building 300, Waco, TX 76712, offers 79,750 square feet of immediately available space within a 129,176 square foot building. The property is zoned M-2 for light industrial use and features ceiling heights ranging from 30 to 38 feet. The space includes convenient dock-high and grade-level loading doors, and a three-phase electrical supply, making it suitable for manufacturing, warehouse, or distribution operations. The minimum divisible space is 37,500 square feet, with a maximum contiguous space of 79,750 square feet. The building, constructed in 1970, is classified as Class C and boasts approximately 760 feet of frontage on Winchell Drive, providing excellent visibility. Its strategic location offers easy access to Loop 340/North Highway 6 and Interstate 35, simplifying transportation logistics. The property consists of one building with two suites. Improvements totaling $79,750 have been made to the property.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1970
Construction STEEL FRAME
Total area 294,396 SF
Lot 37.2 ac (1,620,432 SF)
Zoning code M-2
APN 360713010001020
UPID US82-4859431
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
AI Approach AI
$1.09M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.48M
Blend (final) Blend
$1.78M
Owner & transaction history
Rms Holdings III LLC · 6 yrs held
Rms Holdings III LLC
since 2019
7 recorded transactions
2019
Price N/A
2012
Price N/A
2009
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M-2 · Woodway, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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