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Property profile & analytics
OFF-MARKET
Estimated value
$1,440,000
Industrial properties
7201 Mars Dr Waco, TX 76712-6635
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US82-4291744
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2004
Construction
STEEL FRAME
Total area
99,035 SF
Lot
7.87 ac (342,817 SF)
Zoning code
C
APN
360407040048129
UPID
US82-4291744
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
-
Imperial Woodworks Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.70M
Blend (final)
Blend
$1.44M
Owner & transaction history
Taha Vending Ltd · 12 yrs held
Taha Vending Ltd
since 2013
7 recorded transactions
Zoning & alternative use
C · 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
$1,180,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,965,000
Current use
Blend value · Realmo final
$1.44M
Range $1.30M – $1.58M · ±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
$15 / 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
$72,899
Tax year 2022
Assessed value
$3,386,680
Assessed 2023
Previous assessed
$3,386,680
+0.0% YoY
Effective rate
2.15%
On assessed value
Assessed land
$514,230
Assessed improvement
$2,872,450
Land market value
$514,230
Improvement market value
$2,872,450
Total market value
$3,386,680
Applied tax rate
36.0000
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
2004
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
99,035 SF
Lot
7.87 ac (342,817 SF)
Zoning code
C
APN
360407040048129
UPID
US82-4291744
Jurisdiction
MCLENNAN
Zoning & alternative use
C · Waco, TX
Zoning C · permitted uses
C · 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
$2.0M
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
2004
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
7.87 ac
Current owner
From public records · entity-resolved
Taha Vending Ltd
Individual
Mailing address
PO BOX 7835, WACO, TX 76714-7835
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2017
—
Imperial Woodworks INC
—
Deed
related
$1,638,129 · First National Bank Of Central Tx
May 23, 2017
—
Imperial Woodworks INC
—
Deed
related
$636,179 · Alliance Bk Ctrl Tx
Oct 18, 2013
—
Taha Vending Ltd
Equity Dev Corp
Grant Deed
$585,000 · American Bank
Aug 20, 2004
—
Imperial Woodworks INC
—
Trustees Deed
related
$850,000 · First National Bank Central Tx
—
—
Imperial Woodworks INC
—
Deed Of Trust
related
$850,000 · First National Bank Central Tx
—
—
Imperial Woodworks INC
—
Loan Modification
related
$636,179 · Alliance Bk Ctrl Tx
—
—
Imperial Woodworks INC
—
Loan Modification
related
$1,654,067 · Alliance Bk Ctrl Tx
—
—
Imperial Woodworks INC
—
Deed Of Trust
related
$484,464 · 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.
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