Listing Agency: Lee & Associates - Dallas/Fort Worth g***@cromwellcommercialgroup.com Show Phone

Listed By: Gregg Glime · License #0620081 Show Phone

Source: Cbcworldwide

Added: Sep 10, 2025 Changed: May 21 Last Checked: Apr 9 at 9:00PM

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Investment Insights

Based on property information with market context.

This almost one-acre lot presents a development opportunity in downtown Waco. The property is strategically positioned within the newly created TIF zone by the City of Waco, potentially creating an opportunity for incentive-based development.

Key Highlights

• Prime development opportunity in Downtown Waco.
• Almost one acre lot.
• Located within the newly created TIF zone.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Pharmacy Dental Office Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Daycare Center

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

1,240

Businesses Nearby

Explore this area Business Placement

Demographics for 76701, TX

1,674

Population

1,029

Households

1.6

Avg Household Size

29

Median Age

32%

College-Educated

92%

High-School Grad

1.1 sq mi

ZIP Area

1,522

Density / Sq Mi

$24,593

Median Household Income

$21,897

Median Earnings

$1,008

Median Rent

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Prime development land in downtown Waco, within a TIF zone.

Where is this land located?

The property is located at 2116 Columbus Ave Waco, TX.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Prime development opportunity in Downtown Waco.; Almost one acre lot.; Located within the newly created TIF zone.