Waco Development Opportunity For
For Sale
$1,750,000
720 N New Rd, Waco, TX 76710
Prime 1.26-acre development property in the heart of Waco.
Property SizeContact for details
Lot Size1.26 Acres
Days on Market255
Property Features for 720 N New Rd
General Information
Standard status
Active
Lot size
1.26 Acres
Property subtype
Commercial
Listing Agency:
The McLeod Company
(254) 644-4095
Listed By:
Matthew McLeod · License #575417
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Jul 15 at 11:09PM
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 The McLeod Company
Investment Insights
Based on property information with market context.
This prime development property, situated in the heart of Waco, offers a 1.26-acre flag-shaped lot suitable for multi-family, retail, or institutional development. The site benefits from high daily traffic on New Road, estimated at nearly 18,000 vehicles. Its location is adjacent to a Dollar General, Schlotzsky's, and a Natural Grocers, with churches, multi-family residences, schools, and banks in the immediate vicinity. Formerly the site of an elementary school, the property is now cleared, allowing for immediate development. This represents one of the last remaining development sites in Waco's urban core.
Key Highlights
- 1.26 acre development property in Waco's urban core.
- High traffic location: Approximately 18,000 vehicles per day.
- Suitable for multi‑family, retail, or institutional development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
952
Businesses Nearby
Explore this area
Business Placement
Demographics for 76710, TX
24,874
Population
12,391
Households
2
Avg Household Size
38
Median Age
32%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
2,675
Density / Sq Mi
$53,304
Median Household Income
$36,425
Median Earnings
$1,098
Median Rent
$229,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Prime 1.26-acre development property in the heart of Waco.
Where is this commercial land located?
The property is located at 720 N New Rd Waco, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 1.26 acre development property in Waco's urban core.; High traffic location: Approximately 18,000 vehicles per day.; Suitable for multi‑family, retail, or institutional development.
