Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,625,000
Industrial properties
1101 Foundation Dr Waco, TX 76712-6825
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US82-3746674
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1980
Construction
CONCRETE BLOCKS
Total area
102,732 SF
Lot
13 ac (566,280 SF)
Zoning code
M2
APN
360407040043003
UPID
US82-3746674
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
Current use
Occupant on record · Public records
-
Jessup Housing 2 Construction Company General Contractor
-
Britco Structures USA, LLC Production Facility Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.63M
Owner & transaction history
Jessup Manufactures Housing LLC · 5 yrs held
Jessup Manufactures Housing LLC
since 2020
7 recorded transactions
Zoning & alternative use
M2 · Waco, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waco submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,040,000
Current use
Blend value · Realmo final
$1.63M
Range $1.46M – $1.79M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$16 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$101,160
Tax year 2022
Assessed value
$4,699,640
Assessed 2023
Previous assessed
$4,699,640
+0.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$566,280
Assessed improvement
$4,133,360
Land market value
$566,280
Improvement market value
$4,133,360
Total market value
$4,699,640
Applied tax rate
36.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1980
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
YES
Stories
1
Total area
102,732 SF
Lot
13 ac (566,280 SF)
Zoning code
M2
APN
360407040043003
UPID
US82-3746674
Jurisdiction
MCLENNAN
Zoning & alternative use
M2 · Waco, TX
Zoning M2 · permitted uses
M2 · Waco, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waco. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.0M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Lot
13 ac
Current owner
From public records · entity-resolved
Jessup Manufactures Housing LLC
Entity
Mailing address
1001 W LOOP 340, WACO, TX 76712-6844
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2022
—
Jessup Manufactured Housing LLC
—
Deed
related
$5,000,000 · Central National Bank
Nov 10, 2020
—
Jessup Manufactures Housing LLC
Britco Structrures USA LLC
Venders Lien
$3,600,000 · Central National Bank
Jul 27, 2020
—
Britco Structures USA LLC
—
Deed
related
—
Apr 22, 2019
—
Britco Structures USA LLC
—
Deed
related
—
Apr 2, 2018
—
Britco Structures USA LLC
—
Deed
related
—
Apr 7, 2017
—
Britco Structures USA LLC
—
Deed
related
—
Sep 16, 2011
—
Britco Structures USA LLC
Fleetwood Liquidating Trust
Grant Deed
$1,204,131 · Modular Holdings LLP
Dec 19, 2008
—
Fleetwood Homes Of Texas
—
Deed Of Trust
related
$103,000,000 · Deutsche Bank Trust Co America
—
—
Britco Structures USA LLC
—
Loan Modification
related
—
—
—
Britco Structures USA LLC
—
Deed Of Trust
related
$1,000,000 · Central Nat'l Bk
—
—
Fleetwood Homes Of Texas
—
Deed Of Trust
related
$22,000 · Bank Of America
—
—
Britco Structures USA LLC
—
Loan Modification
related
—
—
—
Britco Structures USA LLC
—
Loan Modification
related
—
—
—
Britco Structures USA LLC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1101 Foundation Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
