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1000 W State Highway 6
Waco, TX 76712
Ridge Office Park #420-430 · Office Property For Sale
PROPERTY FACTS
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
| Parcel Numbers | Improvements Assessment | $697,710 | |
| Land Assessment | $169,770 | Total Assessment | $867,480 |
PROPERTY TAXES
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