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Property profile & analytics
FOR SALE
Commercial real estate

430 Towne Oaks Dr Waco, TX 76710

3,200 SF 0.22 ac lot Built 1986
Individually Owned 11-yr Hold Free & Clear
Property ID
US82-3587878
Property summary
AI-generated overview

This single-tenant warehouse property, located at 430 Towne Oaks Dr in McLennan County, presents a unique opportunity for businesses seeking a versatile space. The property is zoned M-2 and boasts a convenient location with excellent access to major thoroughfares, ensuring efficient transportation and logistics. The building itself offers a blend of office and warehouse space, ideal for a variety of uses. The office area comprises five private offices, multiple additional office or work areas, a comfortable waiting room, two bathrooms, a dedicated meeting room, and a convenient kitchenette. This provides ample space for administrative functions and staff comfort. Beyond the office space, a significant flexible open area is available, offering considerable adaptability. This area could easily be configured to accommodate additional offices, storage, or a combination of both, depending on the tenant's specific needs. The property's combination of office amenities and expansive warehouse space makes it an attractive option for businesses requiring both efficient operations and a professional office environment. This is a single-tenancy property.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Construction STEEL FRAME
Total area 3,200 SF
Lot 0.22 ac (9,496 SF)
Zoning code M-2
APN 480438060176004
UPID US82-3587878
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
David Gradel · 11 yrs held
David Gradel
since 2015
3 recorded transactions
2015
Price N/A
2011
Price N/A
2005
Price N/A
Zoning & alternative use
M-2 · Waco, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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