Industrial Properties in Waco, Texas, offer a unique investment opportunity for those looking to capitalize on the city's strategic location and growing economy. As a hub for healthcare, education, manufacturing, and retail, Waco provides an ideal environment for industrial properties to flourish. These properties can represent a range of investments, from warehouses and distribution centers to manufacturing facilities and research and development spaces. Waco's amenities, including its transportation infrastructure, educational institutions, and geographic location, make it an attractive location for industrial properties. The city is home to Baylor University, Texas State Technical College, and major corporations like L3 Technologies, SpaceX, and Allergan, which contribute to its economic growth. Additionally, Waco's attractions, such as the Waco Mammoth National Monument, Hawaiian Falls water park, and the Waco Suspension Bridge, make it a great place for business and travel.
Waco's industrial properties are situated in a prime location, with easy access to major highways, including Interstate 35, Texas State Highway 6, US Highway 84, Loop 340, and State Highway 31. The city is also served by three airports, providing convenient air transportation options. With 14 industrial properties for sale, investors have a range of options to choose from. In addition to industrial properties, Waco also offers warehouses, land, apartment buildings, and commercial real estate for sale. The city's warehouses, such as those near the Waco Regional Airport, provide ample storage and distribution space. Land for sale in Waco offers opportunities for development and growth. Apartment buildings in Waco, like those near Baylor University, provide a steady income stream. Commercial real estate in Waco, including properties in downtown Waco, offers a range of investment opportunities. Overall, Waco's industrial properties, along with its other property types, make it an attractive location for investors looking to capitalize on the city's growth and development.
What is the average price per square foot for industrial properties in Waco?
The average price per square foot for industrial properties in Waco is $91 USD, with an average size of 47,597 square feet and an average cap rate of , making it an attractive option for investors and businesses looking to establish a presence in this city, which is strategically located halfway between Dallas and Austin and offers easy access to major highways, airports, and transportation facilities.
How do location and transportation access affect industrial property values?
Location and transportation access play a crucial role in determining industrial property values in Waco, Texas, as they directly impact the ease of doing business, logistics, and supply chain management.
- Proximity to major highways, such as Interstate 35, Texas State Highway 6, US Highway 84, Loop 340, and State Highway 31, can increase property values due to improved accessibility and connectivity to regional markets.
- Properties near airports, like Waco Regional Airport (ACT), TSTC Waco Airport (CNW), and McGregor Executive Airport (PWG), may command higher values due to the convenience of air transportation for goods and personnel.
- In addition, properties with easy access to the Brazos River, which runs through Waco, may benefit from water transportation options, further enhancing their value.
