Property profile

900 Schroeder Dr Waco, TX 76710

OFF-MARKET
Industrial properties
Property ID
US82-4117949
23,690 SF 5.02 ac lot Built 2003
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional single-tenant industrial property at 900 Schroeder Drive offers 23,690 square feet of versatile space, perfectly suited for a variety of commercial uses. The building boasts a generous 20,240 square feet of warehouse space complemented by 3,450 square feet of well-appointed office space. The property includes a significant 3.5-acre fenced yard, providing ample room for storage, equipment, or expansion. The warehouse features a functional layout with one dock-high door and four grade-level doors, ensuring efficient loading and unloading. Power is provided by a robust 600 amp, 480-volt, 3-phase electrical system. Clear heights range from 18 to 21 feet, offering excellent vertical space for storage or operations. Strategically located for optimal accessibility, the property enjoys convenient access to major transportation arteries, including I-35 and Highway 6/Loop 340. This prime location offers seamless connectivity to the wider regional transportation network, making it an ideal choice for businesses requiring efficient logistics and distribution capabilities. The property is offered for lease as a single tenant space, providing an opportunity for a business to establish a significant presence in a highly desirable location. The combination of ample space, excellent access, and robust infrastructure makes this property a compelling opportunity for businesses seeking a functional and strategically located industrial facility. The total lot size encompasses 5.02 acres.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2003
Construction STEEL FRAME
Total area 23,690 SF
Lot 5.02 ac (218,497 SF)
Zoning code M-2
APN 480370010012040
UPID US82-4117949

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Location

900 Schroeder Dr Waco, TX 76710-6989
Waco metro Census 4300 WACO, TX METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$730k
CAP Approach CAP
by Request
Comparable Approach Comparable
$742k
Blend (final) Blend
$730k

Owner & transaction history

since 2020
6 recorded transactions
2025
Price N/A
2020
Price N/A
2020
Price N/A
2016
Price N/A
2012
Price N/A
2012
Price N/A

Zoning & alternative use

M-2 · Waco, TX
Zoning description

x O-1, O-3, R-2, R-3A, R-3B, R- 3C Office Industrial Flex O-1, O-2, O-3, C-1, C-2, M-1 Mixed Use Flex R-3C, R-3D, R-3E, O-1, O-2, O- 3, C-1, C-2, C-4 on Elm. Ave. only Mixed Use Core R-3D, R-3E, O-2, C-2, C-4 Industrial…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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