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688 Alliance Pky 6,219 SF Office Building Hewitt, TX 76643 $2,500,000 ($401.99/SF)



INVESTMENT HIGHLIGHTS
- Prime location in Hewitt with excellent access to IH-35 and regional connectivity
- Single-story layout with efficient floor plan and sprinkler system for safety
- Built in 2008 with contemporary finishes and strong curb appeal
- Class B medical/office building offering modern design and functionality
- High parking ratio with 48 surface spaces for staff and visitors
- Ideal for medical practices or professional offices in a growing Central Texas market
EXECUTIVE SUMMARY
Positioned in the thriving Hewitt submarket near Waco, this Class B medical/office property offers an exceptional opportunity for owner-users or investors seeking a strategic location in Central Texas. Built in 2008, the building delivers modern functionality with a single-story layout and a 3-Star rating, making it ideal for medical practices, professional offices, or specialty services.
The property spans 6,219 square feet and features a sprinklered design for enhanced safety, abundant natural light, and an efficient floor plan that supports a variety of configurations. With 48 surface parking spaces at a ratio of 7.72 per 1,000 SF, the site ensures convenient access for staff and patients alike. Its location along Alliance Parkway provides excellent connectivity to IH-35, placing Waco, Temple, and the Greater Austin corridor within easy reach.
Surrounded by a mix of residential neighborhoods and commercial developments, the property benefits from strong demographics and proximity to major healthcare providers, retail centers, and dining options. This combination of visibility, accessibility, and adaptability positions the asset as a prime candidate for medical or office use in a growing market.
Whether you’re expanding your footprint or investing in a high-demand corridor, 688 Alliance Pkwy offers the flexibility and quality needed to support long-term success.
The property spans 6,219 square feet and features a sprinklered design for enhanced safety, abundant natural light, and an efficient floor plan that supports a variety of configurations. With 48 surface parking spaces at a ratio of 7.72 per 1,000 SF, the site ensures convenient access for staff and patients alike. Its location along Alliance Parkway provides excellent connectivity to IH-35, placing Waco, Temple, and the Greater Austin corridor within easy reach.
Surrounded by a mix of residential neighborhoods and commercial developments, the property benefits from strong demographics and proximity to major healthcare providers, retail centers, and dining options. This combination of visibility, accessibility, and adaptability positions the asset as a prime candidate for medical or office use in a growing market.
Whether you’re expanding your footprint or investing in a high-demand corridor, 688 Alliance Pkwy offers the flexibility and quality needed to support long-term success.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,219 SF
Building Class
B
Year Built
2008
Price
$2,500,000
Price Per SF
$401.99
Tenancy
Single
Building Height
1 Story
Typical Floor Size
6,219 SF
Building FAR
0.11
Lot Size
1.25 AC
Zoning
M - Industrial District
Parking
48 Spaces (7.72 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Breakroom and nice reception/waiting room. Reach out to the broker pricing.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 6,219 SF | Office | Full Build-Out | 30 Days |
1st Floor
| Size |
| 6,219 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 6,219 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Breakroom and nice reception/waiting room. Reach out to the broker pricing.
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PROPERTY TAXES
| Parcel Number | 36-022600-000202-0 | Improvements Assessment | $1,104,960 |
| Land Assessment | $245,030 | Total Assessment | $1,349,990 |
PROPERTY TAXES
Parcel Number
36-022600-000202-0
Land Assessment
$245,030
Improvements Assessment
$1,104,960
Total Assessment
$1,349,990
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Presented by
Abbas Rahimi
688 Alliance Pky
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