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Corner Industrial Land Double Lot
For Sale
$125,000

700 & 702 Spring Street, Waco, TX 76704

Vacant corner double lot offers flexibility for industrial or commercial development under M-2 zoning.

Property SizeContact for details
Days on Market56

Property Features for 700 & 702 Spring Street

General Information

Standard status Active
Property subtype Unimproved Land
Zoning M-2

Taxes and HOA fees

Annual Taxes $722
Listing Agency: Graceland Real Estate
Listed By: Patricia Meadows
Source: Whitelabelrealty
Added: Jul 7 Changed: Aug 22 Last Checked: Aug 31 at 12:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Graceland Real Estate

Investment Insights

Based on property information with market context.

This offering consists of a vacant corner double lot, presented as two lots that are also available individually. The property is zoned M-2, supporting a range of commercial and industrial development plans. With no improvements currently listed on the site, buyers can evaluate the land and design a new build or use strategy accordingly.

The lots are located on Spring Street in Waco, Texas, and positioned near downtown Waco and McLane Stadium. The listing also notes proximity to multiple parks and major roadways, which can help provide convenient access for future uses.

For tenants, developers, or buyers seeking industrial land for planned construction, the M-2 zoning and corner configuration provide a straightforward platform to pursue a variety of commercial and industrial opportunities. Interested parties can review development requirements and timelines for their intended use and schedule a private showing to walk the site and confirm fit with their project plans.

Key Highlights

  • Corner vacant double lot with M‑2 zoning for industrial or commercial development
  • Suitable for a range of commercial or industrial uses, with flexibility to build new construction
  • Location near downtown Waco, McLane Stadium, and multiple parks

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
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Frequently Asked Questions

What type of property is this?
Industrial land - Vacant corner double lot offers flexibility for industrial or commercial development under M-2 zoning.
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: Corner vacant double lot with M‑2 zoning for industrial or commercial development; Suitable for a range of commercial or industrial uses, with flexibility to build new construction; Location near downtown Waco, McLane Stadium, and multiple parks
More about this property
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