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    4017 Bellmead Dr Waco, TX 76705

    For Sale
    $240,000

    Two lots near Baylor, ready to develop.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity presents two contiguous lots totaling two acres, ideally situated at 4017 Bellmead Drive in Waco, Texas. The property's strategic location offers unparalleled access to a thriving commercial area, enjoying close proximity to Baylor University, H-E-B, and Sam's Club, ensuring high visibility and significant foot traffic. The lots are zoned B1, designating them for neighborhood business uses, opening a wide array of development possibilities. This zoning allows for a diverse range of commercial ventures, from retail spaces and restaurants to professional offices and service businesses. The substantial two-acre size provides ample space for a large-scale development or the construction of multiple smaller buildings. The absence of existing structures presents a blank canvas for a custom-designed project, allowing for complete creative control and maximum efficiency in the development process. This property is priced competitively at $240,000, representing a compelling investment opportunity in a rapidly growing area with strong potential for significant return on investment. The combination of prime location, flexible zoning, and substantial lot size makes this a truly exceptional opportunity for discerning investors seeking to capitalize on Waco's dynamic commercial landscape. Don't miss this chance to secure a foothold in one of Waco's most promising commercial districts.

    Property Features for 4017 Bellmead Dr

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.09053
    Latitude
    31.59746

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    FAQs

    What type of property is this?
    Commercial real estate - Two lots near Baylor, ready to develop.
    Where is this commercial real estate located?
    The property is located at 4017 Bellmead Dr Waco, TX.
    What is the asking price?
    The asking price for this property is $240,000.
    (888) 519-7431
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    4017 Bellmead Dr Waco, TX 76705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4017 Bellmead Dr Waco, TX 76705
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