Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Bellmead Corner Lot For Sale Title is generated by Realmo AI

    3600 Torrance, Bellmead, TX 76705

    View on Map
    Claim this Listing
    For Sale
    $95,000

    Unimproved Land - Bellmead, TX

    Type:Unimproved Land
    Lot size:
    0.23 Acres
    Added:
    Mar 25, 2026
    Days on Market:
    68
    Last Refresh:
    May 31 at 1:06 pm

    Property Features for 3600 Torrance

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    123361
    Lot size
    0.23 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Misael Castillo

    Listing agent Misael Castillo License #0772519

    Listing office Coldwell Banker Apex, REALTORS 500 N Valley Mills Drive, Waco, TX

    Listing date Mar 25, 2026

    MLS# 21218437 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 0.23‑acre corner lot offers high visibility and accessibility.
    • Cumulative zoning allows for residential or commercial development.
    • Utilities are available on the property.
    • Located near established retail with strong growth potential.
    • Ideal for light commercial, office, or small business use.
    • Positioned near Bellmead Drive.

    Overview

    This 0.23-acre corner lot is located near Bellmead Drive. Utilities are available. The property is zoned cumulative, which allows for residential use within the business district. It is suitable for light commercial, office, or small business use, with the potential for residential development. The location is near established retail, offering strong access and visibility, with long-term growth potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Bellmead
    County
    McLennan
    State
    Texas
    Longitude
    -97.0963
    Latitude
    31.592328

    Nearby Similar for Sale

    • $1,200,000
      3,139 SF

      Bellmead Farm/Ranch Opportunity

      71-acre farm with farmhouse, hay production, and cattle grazing.
      1000 Mcdonald Lane, Bellmead, TX 76705
      View Details
    • $650,000

      Bellmead, TX Business Opportunity

      Commercial property for sale in Bellmead, Texas.
      2001 Harrison Street, Bellmead, TX 76705
      View Details
    • $375,000
      3,296 SF

      Bellmead Multi-Unit Investment Opportunity

      Three properties and a vacant lot with strong rental potential.
      1011-1013 La Clede Street, Bellmead, TX 76705
      View Details
    • $125,000

      Bellmead Land for Future Development

      Vacant land parcel with high visibility and commercial potential.
      4017 Bellmead Drive, Bellmead, TX 76705
      View Details
    • $160,000

      8 Acres of Unimproved Land

      8 acres of land suitable for residential or agricultural use.
      815 Wilson Road, Bellmead, TX 76705
      View Details
    • $6,800,000
      68,312 SF

      Manufacturing/Industrial/Retail/Flex space for Sale or Lease

      68,300 SF space with I-35 and Loop 340 access.
      1205 N Loop 340, Bellmead, TX 76705
      View Details
    • $260,000

      Bellmead Land for Residential Development

      13.25 acres of land suitable for residential development.
      Tba Wilson Road, Bellmead, TX 76705
      View Details
    • $6,800,000
      68,312 SF

      68,312 SF Manufacturing/Industrial/Retail/Flex space For Sale or Lease

      Manufacturing/industrial/retail/flex space for sale or lease.
      1205 N Loop 340, Bellmead, TX 76705
      View Details
    • $650,000
      26 SF

      Land with Brazos River Access

      26 acres of agricultural land near Waco with river access.
      12181 Gholson Rd, Bellmead, TX 76705
      View Details
    • $625,000

      I-35 Frontage Development Pad

      Development pad with excellent accessibility and visibility on I-35.
      906 N Ih 35 Bellmead, TX 76705, TX 76705
      View Details
    • Contact for pricing
      3,886 SF

      3,886 SF Professional Office Space with Staff and Visitor Parking Lot For Sale

      Professional office space with staff and visitor parking lot.
      901 Ashelman St, Bellmead, TX 76705
      View Details
    • $40,000

      Vacant Land in Growing Area

      Unimproved land presents new construction opportunity in Bellmead, Texas.
      Tbd San Jacinto, Bellmead, TX 76705
      View Details

    FAQs

    What type of property is this?
    Commercial land - 0.23-acre corner lot suitable for commercial or residential development.
    Where is this commercial land located?
    The property is located at 3600 Torrance Bellmead, TX.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: 0.23‑acre corner lot offers **high visibility and accessibility**.; Cumulative zoning allows for residential or commercial development.; Utilities are available on the property.
    (254) 776-0000
    We can help!
    Listing Contact
    Misael Castillo
    Real Estate License ID: 0772519
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3600 Torrance, Bellmead, TX 76705
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!