Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Industrial properties
3000 Dutton Ave 3002 Waco, TX 76711-1657
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US82-2959009
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1966
Construction
CONCRETE BLOCKS
Total area
36,756 SF
Lot
3.22 ac (140,437 SF)
Zoning code
O1
APN
480440050541005
UPID
US82-2959009
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
-
Waco Bottling Industrial Manufacturer Production Facility
-
Energy Management Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$980k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.28M
Blend (final)
Blend
$1.13M
Owner & transaction history
Warmearth Properties LLC · 4 yrs held
Warmearth Properties LLC
since 2022
7 recorded transactions
Zoning & alternative use
O1 · 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
$980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,065,000
Current use
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±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
$31 / 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
$36,904
Tax year 2022
Assessed value
$1,889,670
Assessed 2023
Previous assessed
$1,889,670
+0.0% YoY
Effective rate
1.95%
On assessed value
Assessed land
$280,870
Assessed improvement
$1,608,800
Land market value
$280,870
Improvement market value
$1,608,800
Total market value
$1,889,670
Applied tax rate
48.0000
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
1966
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
36,756 SF
Lot
3.22 ac (140,437 SF)
Zoning code
O1
APN
480440050541005
UPID
US82-2959009
Jurisdiction
MCLENNAN
Zoning & alternative use
O1 · Waco, TX
Zoning O1 · permitted uses
O1 · 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
$1.1M
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
1966
Construction
CONCRETE BLOCKS
Heating
YES
Cooling
Yes
Stories
1
Lot
3.22 ac
Current owner
From public records · entity-resolved
Warmearth Properties LLC
Entity
Mailing address
209 OTIS DR, WACO, TX 76712-6718
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2025
—
Waco Bottling LLC
—
Deed
related
$521,738 · Tfnb Your Bank For Life
Nov 4, 2024
—
Waco Bottling LLC
—
Deed
related
$250,000 · Tfnb Your Bank For Life
Sep 9, 2024
—
Waco Bottling LLC
—
Deed
related
$451,523 · Tfnb Your Bank For Life
May 6, 2022
—
Warmearth Properties LLC
Drue Parker
Special Warranty Deed
$65,145 · First National Bank Of Mcgregor
Sep 2, 2020
—
Waco Bottling LLC
Kdk Real Estate LLC
Warranty Deed
$1,080,000 · First Nat'l Bk/mcgregor
Jul 17, 2014
—
Kdk Real Estate LLC
Bechtol D A V 1991 Trust
Grant Deed
related
—
—
—
Kdk Real Estate LLC
—
Deed Of Trust
related
$500,000 · First Nat'l Bk/ctrl Tx
—
—
Kdk Real Estate LLC
—
Deed Of Trust
related
$548,491 · First Nat'l Bk/ctrl Tx
—
—
Vonrosenberg,karl G 1991 Trust
—
Loan Modification
related
$380,861 · Vonrosenberg Glenn A D Trust
—
—
Kdk Real Estate LLC
—
Deed Of Trust
related
$682,292 · First Nat'l Bk/ctrl Tx
—
—
Waco Dutton Properties
—
Deed Of Trust
related
$350,000 · First National Bank Central Tx
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 3000 Dutton Ave, Unit 3002?
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.