Central Texas Commercial Real Estate Agency
(254) 752-9500 | Our Location

Commercial Sales & Acquisitions in Waco

We help owner-users and businesses buy and sell commercial property in Waco and Central Texas. On the sell side that means owner-occupied buildings, vacant buildings, surplus corporate property and redevelopment sites. On the buy side we run site selection and acquisition for a business or organization that needs a building of its own. If you're buying or selling property that's leased to tenants instead of used by your own business, see Investment Sales: that page covers income-producing property, this one covers owner-user buildings.

Who it's for

Business owners and organizations buying or selling a commercial building for their own use, not as an investment. That includes:

How we work

  1. A call about what you're doing: selling a building, buying one, or both, and your timeline.
  2. Sellers get a price opinion grounded in real Waco sale comps and a marketing plan. Buyers get a site search built around size, location and budget.
  3. We negotiate the deal, manage due diligence and stay on it through closing.

Recent examples

  • 2401 Ambassador Drive sold: a 1.92-acre corner tract sold to a buyer developing it for Austin Retina Associates, who will occupy the building. Jim Peevey and Josh Barrett represented the seller.
  • Site acquisition for Heart of Texas Goodwill: represented the buyer in the site selection and purchase of about 5.5 acres at Hewitt Drive and Ritchie Road. Jim and Griffin Peevey.
  • 201 Otis Drive sold: the former Shelton Plumbing building, a 6,501 SF office/warehouse. Jim and Griffin Peevey represented the seller, Josh Barrett sourced the buyer.
  • Former Coca-Cola facility sold: a 62,000 SF industrial building. Jim Peevey and Pat Farrar.

FAQ

We own the building we operate out of. What's it worth?

We'll walk it and price it against real Waco sale comps, not a national formula. You get a straight number and the reasoning behind it, no obligation.

We're looking for a building to buy, not lease. Can you help?

Yes. We run site selection the same way we run a lease search: a clear brief on size, location and budget, then on and off-market options that fit it.

Do you handle both sides, selling our old building and buying the new one?

Often at the same time. We coordinate the sale and the purchase so the timing lines up.

What if the building is vacant or needs work before it sells?

We've sold vacant and distressed buildings before. We'll tell you honestly whether to sell as-is or put work into it first.

Is this different from Investment Sales?

Yes. Investment Sales covers income property, buildings leased to tenants. This page is for owner-users buying or selling a building for their own operations.

Looking for space in Waco?

Tell us what you need and we will send over what fits.

Stay Connected

Who is Reid Peevey?

Reid Peevey Company is a Central Texas commercial real estate agency with a mission of offering all-inclusive commercial real estate transactions for Waco and the surrounding cities.
SIOR - Society of Industrial and Office Realtors member CCIM - Certified Commercial Investment Member

Get the Waco market report

2420 Wycon Dr.
Suite 301
Waco, Texas 76712

(254) 752-9500