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Executive Summary

Investment opportunity featuring a single-tenant industrial property at 2901-2909 Speight Avenue, fully leased to Hydradyne, a nationally recognized distributor of fluid power and motion control products, backed by parent company Applied Industrial Technologies (NYSE: AIT). The property offers stable, below market rent, backed by an established tenant with a strong operational presence.
Strategically located along Speight Avenue with convenient access to I-35 and key Waco corridors, the site provides excellent connectivity for distribution and service operations. The building is well-suited for industrial use, supporting Hydradyne’s ongoing business needs and long-term occupancy.
This offering presents a compelling opportunity for investors seeking a leased industrial asset with dependable cash flow in the growing Central Texas market.

Property Facts

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.47 AC
Rentable Building Area 6,860 SF
No. Stories 1
Year Built/Renovated 1963/1997
Tenancy Single
Parking Ratio 0.87/1,000 SF
Zoning C
Moderately walkable
60/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
48-044005-050501-4
Land Assessment
$142,770
Improvements Assessment
$457,230
Total Assessment
$600,000
  • Listing ID: 40061082

  • Date on Market: 4/7/2026

  • Last Updated:

  • Address: 2901 Speight Ave, Waco, TX 76711

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