1618 Exchange PkwyWaco, TX 76712

Property Details for 1618 Exchange Pkwy

Year built

2005

Construction

STEEL FRAME

Lot size

2.31 AC

Property size (Sq ft)

13,383 SF

Zone code

C1

Property type

Commercial real estate

APN

360407060001190

APU

360407060001190

Description

This exceptional industrial property, located at 1618 Exchange Pkwy in Waco, Texas (zip code 76712), offers 13,383 square feet of versatile space within McLennan County. The building is situated in the Exchange Industrial Park and features a flexible layout suitable for various commercial uses. The property boasts Class A office finishes, including approximately 4,630 square feet of office space with a break room and 13 individual offices in one section. A second office area comprises roughly 986 square feet, complete with a separate entrance, break room, and bathroom. Additionally, there's approximately 7,550 square feet of combined office and warehouse space, ideal for businesses requiring storage and operational areas. This section includes a gated entry, perfect for secure overnight parking and storage of materials in a functional laydown yard. The warehouse areas benefit from 21-foot clear heights. The property is currently configured as a single suite, but the layout allows for easy subdivision to accommodate multiple tenants. This prime location provides excellent access to transportation routes and other Waco amenities. The property is classified as Industrial, with subtypes including Warehouse, Flex, and Commercial. While the lot size is listed as 0 acres in the provided data, marketing materials indicate the property sits on approximately 2.3 acres.

• CAP approach

  CAP return

  Valuation

  6%

  $3,307,440

  6.5%

  $3,053,030

  7%

  $2,834,950

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,006,740

  Geo Method

  $4,006,740

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,662,870

  Retail / Commercial

  $2,971,990

  Mixed-Use / Specialty

  $3,015,050

  Hospitality / Lodging

  $2,281,910

  Office

  $3,053,030

  Institutional / Educational

  $3,153,610

  Residential Income

  $3,689,730

  Multifamily

  $4,127,790

  Automotive / Energy

  $2,703,100

  Parking / Income-Based Land

  $879,792

  Restaurant / Food Service

  $1,682,670

  Healthcare / Senior Housing

  $3,036,850

Location Insight

City

Woodway

County

Mclennan

State

Texas

Latitude

31.4991

Longitude

-97.1737

CBSA code

47380

CBSA name

WACO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].