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    2401 Ambassador Dr Waco, TX 76712

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    For Sale
    $530,000

    Ready-to-develop land in a bustling business district near I35.

    Property size:
    1 SF
    Lot size:
    1.92 Acres

    Property Features for 2401 Ambassador Dr

    General Information

    Size
    1 SF
    Lot size
    1.92 Acres

    Building Details

    Year built
    2016

    Source: Jim Peevey SIOR, CCIM Agent Jim Peevey SIOR, CCIM

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

    Overview

    Waco Commercial Land For Sale

    This ready-to-develop land is located in a bustling business district near I35 and Hwy 6, within a professional business park. The property is centrally located and offers an opportunity for commercial development. Positioned near the intersection of I35 and surrounded by thriving retail, office, and industrial areas, the location at 2401 Ambassador Dr, Waco, TX, offers strategic benefits for a prospective office or office building. The area provides a prime opportunity for development, with the land ready to accommodate a variety of uses, allowing for flexibility and customization. Its proximity to major roadways and the dynamic mix of commercial zones make it an ideal location for businesses seeking a strategic advantage and access to diverse markets. The property's strategic position and versatile potential make it an attractive choice for those looking to capitalize on a dynamic and growing market. The property is zoned M-2 and is a corner lot with great access and visibility. It is ideal for office or commercial use and has a size of 1 acre.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.1750698
    Latitude
    31.488342

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    FAQs

    What type of property is this?
    Land - Ready-to-develop land in a bustling business district near I35.
    Where is this land located?
    The property is located at 2401 Ambassador Dr Waco, TX.
    What is the asking price?
    The asking price for this property is $530,000.
    What are key features of this property?
    This property features: - Prime location in a bustling business district near I35 and Hwy 6, offering high visibility and accessibility.; - Ready-to-develop land suitable for office or commercial use, providing flexibility for customization.; - Zoned M-2, allowing for a variety of commercial development options.
    (254) 715-4592
    Request Owner's contact information
    2401 Ambassador Dr Waco, TX 76712
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    Waco, TX 76712
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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
    2401 Ambassador Dr Waco, TX 76712
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