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    4800 Bagby Ave Waco, TX 76711

    For Sale
    $1,407,424

    Prime 2-acre commercial lot in Waco, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 2.154-acre commercial lot is ideally situated at the southeast corner of Bagby Avenue and New Road in Waco, Texas, offering unparalleled visibility and accessibility. Zoned C-2, this platted lot boasts readily available water and sewer connections, simplifying development. A pre-installed driveway provides convenient access, even sharing a crossover with a neighboring 7-Eleven convenience store. The property's strategic location provides easy access to major thoroughfares, including Highway 6 and Interstate 35, ensuring high traffic volume and excellent exposure. According to TxDOT traffic counts, New Road sees an estimated 20,524 vehicles daily, while Bagby Avenue averages 15,467. The surrounding area is characterized by established businesses, including the Waco ISD Joint-Use Stadium, Amy's Attic Self-Storage, and KXXV 25 ABC News, creating a vibrant and desirable commercial environment. The asking price is $1,407,424, with a land value of $15 per square foot. This presents a remarkable opportunity for investors and developers seeking a high-traffic, well-located parcel in a thriving Texas city. The property's size and location make it suitable for a wide range of commercial developments.

    Property Features for 4800 Bagby Ave

    General Information

    Property type
    Land
    Lot Size
    93,828 SF

    HighLights

    • Level, platted lot with available water and sewer utilities.
    • Paved driveway installed, providing cross‑access to a 7‑Eleven.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.157044334344
    Latitude
    31.508223370043

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    FAQs

    What type of property is this?
    Land - Prime 2-acre commercial lot in Waco, TX.
    Where is this land located?
    The property is located at 4800 Bagby Ave Waco, TX.
    What is the asking price?
    The asking price for this property is $1,407,424.
    What are key features of this property?
    This property features: Level, platted lot with available water and sewer utilities.; Paved driveway installed, providing cross-access to a 7-Eleven.;
    Request Owner's contact information
    4800 Bagby Ave Waco, TX 76711
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    Waco, TX 76711
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    Realmo Value Estimation

    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.

    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.

    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
    4800 Bagby Ave Waco, TX 76711
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