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Property profile & analytics
OFF-MARKET
Estimated value
$2,215,000
Commercial real estate
6001 Waco Dr Waco, TX 76710-6306
Individually Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US82-5314415
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1979
Construction
FRAME
Total area
101,518 SF
Lot
9.18 ac (399,837 SF)
Zoning code
C-3
APN
480349050184007
UPID
US82-5314415
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
-
francesca's Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
Earthbound Trading Co Clothing Store Gift Shop
-
Hot Topic Clothing Store Novelty Store
-
Dillard's Cosmetic Store
-
Richland Mall Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.22M
Owner & transaction history
Loop 340 Garage · 7 yrs held
Loop 340 Garage
since 2019
2 recorded transactions
Zoning & alternative use
C-3 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$22 / 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
$105,681
Tax year 2022
Assessed value
$4,713,880
Assessed 2023
Previous assessed
$4,713,880
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$3,134,930
Assessed improvement
$1,578,950
Land market value
$3,134,930
Improvement market value
$1,578,950
Total market value
$4,713,880
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1979
Construction
FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
101,518 SF
Lot
9.18 ac (399,837 SF)
Zoning code
C-3
APN
480349050184007
UPID
US82-5314415
Jurisdiction
MCLENNAN
Zoning & alternative use
C-3 · Waco, TX
Zoning C-3 · permitted uses
C-3 · 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.
Building & site characteristics
From public records
Year built
1979
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
9.18 ac
Current owner
From public records · entity-resolved
Loop 340 Garage
Individual
Free & Clear · 7 yrs held
Mailing address
700 N GRANT AVE, ODESSA, TX 79761-4505
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2019
—
Loop 340 Garage
Wade,paula A C & Carl E
Warranty Deed
related
—
Aug 23, 2010
—
Venture 309 LLC
American Natl Ins
Grant Deed
$10,400,000 · Western National Bank
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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