Pad-Ready Development Site in
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6890 Woodway Dr, Woodway, TX 76712
Pad-ready site with IHG franchise agreement in Woodway, TX.
Property Size67,082 SF
Lot Size1.54 Acres
Price / SF$14.91
Days on Market167
Property Features for 6890 Woodway Dr
General Information
Standard status
Active
Size
67,082 SF
Lot size
1.54 Acres
Property subtype
Hospitality, Land
Zoning
C-1 Commercial
Listing Agency:
HVS
Listed By:
Eric Guerrero · License #TX: 593163
Source:
Crexi
Added: Mar 19
Changed: Aug 31
Last Checked: Aug 31 at 12:24AM
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 HVS
Investment Insights
Based on property information with market context.
This offering includes a pad-ready development site and a secured InterContinental Hotels Group (IHG) franchise agreement for developing a Candlewood Suites hotel. The site, totaling 67082 square feet, benefits from high visibility off U.S. Highway 84 in the Woodway submarket, near retail and dining options along the Colonnade Parkway corridor. Its location is strategic, near major corporate demand generators such as L3Harris Technologies, SpaceX McGregor, Caterpillar, Baylor University, and regional healthcare facilities. The site is also conveniently located near local attractions, including Magnolia Market at the Silos, the Baylor University Sports Complex, and the Downtown Warehouse District, supporting a mix of corporate and leisure demand.
Key Highlights
- Pad‑ready development site with secured InterContinental Hotels Group (IHG) franchise agreement for a Candlewood Suites hotel.
- Excellent visibility directly off U.S. Highway 84 in the affluent Woodway submarket.
- Strategically positioned near major corporate demand generators (L3Harris, SpaceX, Caterpillar, Baylor University, healthcare facilities).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,505
Businesses Nearby
Explore this area
Business Placement
Demographics for 76712, TX
27,800
Population
11,704
Households
2.4
Avg Household Size
41
Median Age
49%
College-Educated
96%
High-School Grad
52.4 sq mi
ZIP Area
531
Density / Sq Mi
$96,267
Median Household Income
$56,879
Median Earnings
$1,333
Median Rent
$302,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Pad-ready site with IHG franchise agreement in Woodway, TX.
Where is this commercial land located?
The property is located at 6890 Woodway Dr Woodway, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Pad‑ready development site with secured InterContinental Hotels Group (IHG) franchise agreement for a Candlewood Suites hotel.; Excellent visibility directly off U.S. Highway 84 in the affluent Woodway submarket.; Strategically positioned near major corporate demand generators (L3Harris, SpaceX, Caterpillar, Baylor University, healthcare facilities).
