Reid Peevey Commercial

Reid Peevey Commercial Serving Waco, TX since 2016

FOR LEASE | 501 Precision Drive, Waco, TX89,750 SF manufacturing, warehouse, and distribution property situated on 11.36...
08/11/2026

FOR LEASE | 501 Precision Drive, Waco, TX
89,750 SF manufacturing, warehouse, and distribution property situated on 11.36 fenced acres.

PROPERTY HIGHLIGHTS:
• 89,750 SF
• 11.36 Acres (Acres Fenced)
• (2) 400 Amps / 480 V / 3 Phase
• 16 Silos Previously Used for Injection Molding Operations
• Inactive Rail Spur

Whether you’re buying, selling, or investing, having the right people in your corner can make all the difference.
08/06/2026

Whether you’re buying, selling, or investing, having the right people in your corner can make all the difference.

Jim Peevey, CCIM, SIOR proudly represented Midway Independent School District in the acquisition of approximately 40 acr...
08/04/2026

Jim Peevey, CCIM, SIOR proudly represented Midway Independent School District in the acquisition of approximately 40 acres along Speegleville Road. This marks another successful transaction in Jim’s longstanding relationship with the district, having previously represented Midway in the acquisition of the site that is now home to Park Hill Elementary School.

We appreciate the opportunity to continue serving Midway ISD and look forward to seeing how this property supports the district’s future growth and the community for years to come.

Congratulations to Griffin Peevey - Commercial Realtor on being named a 2026 Waco Under 40 nominee!We’re proud to see G...
07/30/2026

Congratulations to Griffin Peevey - Commercial Realtor on being named a 2026 Waco Under 40 nominee!

We’re proud to see Griffin recognized alongside an outstanding group of young professionals making an impact across the Greater Waco community through their leadership, hard work, and commitment to Waco.

In the latest Reid Peevey Report, Randy Reid explains why understanding risk is just as important as evaluating return. ...
07/28/2026

In the latest Reid Peevey Report, Randy Reid explains why understanding risk is just as important as evaluating return. We’re also highlighting a recent success story: a vacant, distressed 31,500-square-foot industrial property transformed into five fully leased suites with the help of Pat Farrar.

Read the full report for practical investment insight and a closer look at this strategic redevelopment. Link in bio.

The right space does more than check a box. Tenants are looking for properties that support how their business operates ...
07/23/2026

The right space does more than check a box. Tenants are looking for properties that support how their business operates today.

📍 Strong location + easy access
🚗 Adequate parking
👀 Visibility + signage opportunities
📐 Functional, flexible layouts
🔑 Move-in ready or easy to customize
💰 Competitive lease terms

Just because a property is zoned commercial doesn’t automatically mean every commercial use is allowed.For businesses li...
07/21/2026

Just because a property is zoned commercial doesn’t automatically mean every commercial use is allowed.
For businesses like bars, restaurants, and entertainment venues, zoning and local regulations can impact everything from alcohol sales and occupancy to parking and operating requirements.
Before signing a lease or purchasing a property, make sure your intended use actually works for the location. A little due diligence upfront can save a lot of time—and money—later.

What makes a retail property valuable? Location is only part of the equation.Visibility, accessibility, traffic counts, ...
07/16/2026

What makes a retail property valuable? Location is only part of the equation.

Visibility, accessibility, traffic counts, tenant mix, surrounding development, and long-term market demand can all play a role in a property’s performance. Understanding these factors can help investors recognize value beyond the price tag.

The best investments come from asking the right questions before closing.These are three common mistakes we see:• Buying...
07/14/2026

The best investments come from asking the right questions before closing.

These are three common mistakes we see:

• Buying based on cap rate alone
• Underestimating property and tenant risks
• Skipping thorough due diligence

A little preparation upfront can help avoid costly surprises down the road and set your investment up for long-term success.

Another successful transaction in the books!Congratulations to the buyers and sellers on the sale of this fully leased r...
07/09/2026

Another successful transaction in the books!

Congratulations to the buyers and sellers on the sale of this fully leased retail strip in China Spring. We’re grateful for the opportunity to help both sides reach a successful outcome.

A special congratulations to Randy for brokering the deal. Thank you to our clients for trusting Reid Peevey throughout the process we love helping great people achieve their commercial real estate goals.

Address

2420 Wycon Drive, Suite 301
Waco, TX
76712

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+12547529500

Website

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