Property summary
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
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
M-2 · Waco, TXx 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M-2 in Waco, TX.
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