You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET Estimated value $1,805,000
Industrial properties

401 Precision Dr Waco, TX 76710-6970

54,440 SF 9.01 ac lot Built 1963
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US82-0379386
Property summary
AI-generated overview

This exceptional industrial property, located at 401 Precision Drive in McLennan County, offers a substantial 192,298 square feet of warehouse and manufacturing space. The property is zoned M2 and features a single building with multiple tenancies available, with a minimum divisible space of 50,000 square feet and a maximum contiguous space of 80,000 square feet. The building boasts an impressive 18-foot ceiling height, ideal for various industrial uses. Power is provided by a robust 3-phase system, ensuring ample capacity for demanding operations. The site includes 9 loading docks and 2 grade-level doors, facilitating efficient material handling. Enhancements include a fully sprinklered system and gated access for enhanced security. A portion of the space is air-conditioned, offering flexibility for climate-sensitive operations. The 9.014-acre lot provides ample room for expansion or outdoor storage. This prime location benefits from excellent visibility and proximity to key businesses, including Area 51 Manufacturing, McCoys Building Supply, an AMC Movie Theatre, and a Walmart Supercenter, ensuring convenient access to amenities and a strong workforce pool. This is a rare opportunity to secure a significant industrial space in a thriving location.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1963
Construction CONCRETE BLOCKS
Total area 54,440 SF
Lot 9.01 ac (392,650 SF)
Zoning code M2
APN 480088000681009
UPID US82-0379386
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.81M
Owner & transaction history
Americanstar Realty LLC · 3 yrs held
Americanstar Realty LLC
since 2023
7 recorded transactions
2023
Price N/A
2016
Price N/A
2007
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M2 · Waco, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 401 Precision 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 →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message