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Corner Industrial Double Lot with M-2 Zoning
For Sale
$125,000

700 & 702 Spring Street, Waco, TX 76704

LAND - Waco, TX

Property SizeContact for details
Lot Size0.39 Acres
Days on Market224

Property Features for 700 & 702 Spring Street

General Information

Property type Land
Property subtype Other
Zoning description M-2
Vegetation Wooded
Subdivision Riverside
Lot features Corner Lot, Level, Many Trees
Elementary school JH Hines
Middle school GW Carver
High school Waco
Elementary school district Waco ISD
Middle school district Waco ISD
High school district Waco ISD
Directions On I-35 Frontage Road, turn right onto S M.L.K. Jr Blvd. Turn left onto Orchard Ln and then left onto Spring Street.
Standard status Active
APN 480353000044008
Lot size 0.39 Acres

Taxes and HOA fees

Tax Description RIVERSIDE LOT 1, 2 BLOCK 9 ACRES .3859
Tax Annual Amount 722
Legal Description RIVERSIDE LOT 1, 2 BLOCK 9 ACRES .3859
Listing Agency: Graceland Real Estate
Listed By: Patricia Meadows · License #0488304
Added: Jan 20 Changed: Aug 1 Last Checked: Sep 1 at 12:06PM
MLS# 21155848

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Rarely does a buyer find a vacant, corner double lot ready for flexible commercial and industrial planning. This property consists of two lots offered together as a corner site, with M-2 zoning to support a wide range of commercial and industrial opportunities, including new construction.

The combined site is 0.3859 acres and is located at 700 and 702 Spring Street in Waco, TX 76704 (McLennan County). The area is described as being near downtown Waco, McLane Stadium, multiple parks, and major roadways, supporting accessibility for prospective tenants or projects.

The lots are also offered individually: 700 Spring St, MLS#155840, and 702 Spring St, MLS#21155832.

Key Highlights

  • 0.3859‑acre corner vacant double lot at 700 & 702 Spring Street, Waco, TX 76704
  • M‑2 zoning for commercial and industrial development opportunities
  • Two‑lot configuration offered together as a corner site

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Parts Store Electrical Service Building Supply HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

419
Businesses Nearby

Demographics for 76704, TX

7,220
Population
3,703
Households
1.9
Avg Household Size
35
Median Age
8%
College-Educated
78%
High-School Grad
5.4 sq mi
ZIP Area
1,337
Density / Sq Mi
$24,208
Median Household Income
$24,363
Median Earnings
$788
Median Rent
$112,800
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Corner vacant double lot zoned M-2, suited for a range of commercial and industrial development uses.
Where is this industrial land located?
The property is located at 700 & 702 Spring Street Waco, TX.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 0.3859‑acre corner vacant double lot at 700 & 702 Spring Street, Waco, TX 76704; M‑2 zoning for commercial and industrial development opportunities; Two‑lot configuration offered together as a corner site
More about this property
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