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Property profile & analytics

106 Factory Dr Waco, TX 76710

  • Commercial real estate
  • 3,980 SF
  • 1.21 lot acres
For Lease
Last Sale
Sep 29, 2020
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US82-2386237
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

  • Commercial real estate

Property Details for 106 Factory Dr

Year built
1960
Construction
STEEL FRAME
Lot size
1.21 lot acres
Property size
3,980 SF
Zone code
M2
Property type
Commercial real estate
APN
480088000236007
APU
480088000236007

Description

This exceptional 15,130-square-foot distribution center, located at 106 Factory Drive in McLennan County, presents a compelling investment opportunity. The property boasts a single-tenant occupancy, simplifying management and maximizing rental income potential. Situated on a 1.21-acre lot, the facility offers ample space for both warehousing and operational needs. A key feature is the inclusion of a fenced yard, providing secure outdoor storage or staging areas. The building's classification as industrial, combined with its distribution subtype, makes it ideally suited for a variety of logistics and manufacturing businesses. Its strategic location between Waco Drive and Franklin Avenue at Lake Air Drive ensures convenient access to major transportation arteries, facilitating efficient distribution and streamlined operations. The property's single-tenant status minimizes vacancy risks and simplifies property management, making it an attractive option for investors seeking a stable and reliable income stream. The combination of size, location, and features makes this distribution center a highly desirable asset in the Waco industrial market. The flexible office and warehouse space caters to a wide range of business needs, offering a versatile solution for companies seeking efficient and secure operations. The property's overall condition and functionality are conducive to immediate occupancy and operational readiness. This is a rare opportunity to acquire a well-located, single-tenant industrial property in a thriving market.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Waco
County
Mclennan
State
Texas
Longitude
-97.1781
Latitude
31.5195
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
$9,935
$296,380
$146,780
$443,160
-
$296,380
$146,780
$443,160
More about this property
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