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    930 Lacy Dr, Unit Lacy Lakeview Waco, TX 76705

    For Sale
    $871,200

    Prime commercial land for development with high traffic visibility.

    Property size:
    4 SF

    Property Features for 930 Lacy Dr

    General Information

    Size
    4 SF

    Source: Will Phipps Agent Will Phipps

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Land Near Interstate 35

    This 4-acre commercial land parcel is situated in close proximity to Interstate 35, which sees over 85,000 vehicles daily. The property is zoned for highway commercial use, offering flexibility for various development projects. As a corner lot, the site benefits from high visibility from multiple directions, making it suitable for a range of commercial applications.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.110969
    Latitude
    31.6000396

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    FAQs

    What type of property is this?
    Commercial land - Prime commercial land for development with high traffic visibility.
    Where is this commercial land located?
    The property is located at 930 Lacy Dr, Unit Lacy Lakeview Waco, TX.
    What is the asking price?
    The asking price for this property is $871,200.
    What are key features of this property?
    This property features: - Prime land for development; - Minutes from Interstate 35; - High traffic: 85,000+ vehicles per day
    (254) 313-0000
    Request Owner's contact information
    930 Lacy Dr, Unit Lacy Lakeview 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
    930 Lacy Dr, Unit Lacy Lakeview Waco, TX 76705
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