2119 Exchange PkwyWaco, TX 76712

Property Details for 2119 Exchange Pkwy

Lot size

22.84 AC

Zone code

M-2

Property type

Commercial real estate

APN

360407060002020

APU

360407060002020

Description

This exceptional 9.215-acre industrial land parcel is ideally situated within the thriving Exchange Industrial Park in Waco, Texas. Located at 2119 Exchange Parkway, Waco, TX 76712, this shovel-ready site offers unparalleled access and visibility. The property boasts convenient ingress and egress from both Exchange Parkway and Texas Central Parkway, with close proximity to major transportation arteries including Interstate 35, State Highway 6, and State Highway 84. This prime location places businesses within easy reach of Dallas, Fort Worth, and Austin, making it an attractive distribution hub. The site benefits from an established cluster of notable distribution neighbors, including Amazon, Hello Bello, Walmart, Tractor Supply, Coca-Cola, and Caterpillar Logistics. All necessary construction and civil plans are complete and readily available to the prospective tenant. The landlord is prepared to commence construction upon securing leases for 50% of the current development plans, making this a unique opportunity for immediate development and occupancy. This is a truly exceptional opportunity for businesses seeking a strategic location with excellent infrastructure and a strong tenant base. McLennan County location provides access to a skilled workforce and a supportive business environment. Don't miss this chance to establish your business in a thriving industrial park.

• CAP approach

  CAP return

  Valuation

  6%

  $245,880,000

  6.5%

  $226,966,000

  7%

  $210,754,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $297,866,000

  Geo Method

  $297,866,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $420,986,000

  Retail / Commercial

  $220,941,000

  Mixed-Use / Specialty

  $224,143,000

  Hospitality / Lodging

  $169,640,000

  Office

  $226,966,000

  Institutional / Educational

  $234,444,000

  Residential Income

  $274,299,000

  Multifamily

  $306,865,000

  Automotive / Energy

  $200,952,000

  Parking / Income-Based Land

  $65,404,900

  Restaurant / Food Service

  $125,092,000

  Healthcare / Senior Housing

  $225,763,000

Location Insight

City

Woodway

County

Mclennan

State

Texas

Latitude

31.4924

Longitude

-97.1718

CBSA code

47380

CBSA name

WACO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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