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1000 W State Highway 6
Waco, TX 76712

Ridge Office Park #150 · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
6,900 SF
Building Class
B
Year Built
2004
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
932 SF
Building FAR
0.05
Lot Size
3.33 AC
Zoning
Commercial

Amenities

  • 24 Hour Access
  • Security System
  • Air Conditioning

About 1000 W State Highway 6 , Waco, TX 76712

This is a 2450sq office property consisting of 2 suites in an office park community. Properties in this area rent at a minimum of 16-18$/ sq foot per year. (some offices in the region are as high as 24$) 16$-18$ is equal to a net Cap of 9%-10%, which is a very high rate of return in the Waco Market. You will note that many properties in this area only have a net cap of 6%. This office park has a very low vacancy and is located in close proximity to hwy 6. It is close to both local hospitals and is 2 exits from the hwy 84 hwy 6 intersection which has some of the highest commercial traffic in all of Waco. Suites in this area have great small office potential and have been used as investment vehicles as well.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 48-010190-000132-0
  • 48-010190-000131-0
  • 48-010190-000133-0
Land Assessment
$243,800
Improvements Assessment
$1,001,953
Total Assessment
$1,245,753
  • Listing ID: 11692396

  • Date on Market: 2018-02-22

  • Last Updated:

  • Address: 1000 W State Highway 6, Waco, TX 76712

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