401 Precision Dr Waco, TX 76710-6970
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M2 · Waco, TXWaco. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.