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    Mcgregor Dr McGregor, TX 76657

    For Sale
    $195,000

    Prime 1.01-acre commercial lot in McGregor, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1.01-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of McGregor, Texas. Located on W McGregor Drive, this property boasts excellent visibility from a major highway, ensuring high traffic exposure for any future development. The zoning is designated GC, allowing for a variety of commercial uses. Its strategic location offers easy access to downtown McGregor and is conveniently situated less than 20 miles from the bustling city of Waco. The property's proximity to major businesses and amenities further enhances its appeal. Nearby establishments include Space-X, Brookshire Brothers grocery store, Dairy Queen, O'Reilly Auto Parts, Dollar General, and Subway, providing a strong existing commercial infrastructure and a substantial customer base. This prime location offers significant potential for a wide range of commercial ventures, making it an ideal investment for entrepreneurs and developers seeking a high-visibility site in a growing Texas community. The asking price for this exceptional property is $195,000. The lot size is precisely 1.01 acres, providing ample space for development. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly developing area. Don't miss out on this chance to secure a piece of McGregor's vibrant commercial landscape.

    Property Features for 0 Mcgregor Dr

    General Information

    Property type
    Land
    Lot Size
    43,996 SF

    HighLights

    • 1.01‑acre commercial lot in McGregor, TX with excellent highway visibility.
    • Conveniently located near Downtown McGregor.
    • Less than 20 miles from Waco, TX.
    • Surrounded by established businesses including Space‑X, Brookshire Brothers, and other national retailers.
    • Asking price: $195,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McGregor
    County
    McLennan
    State
    Texas
    Longitude
    -97.42016396852
    Latitude
    31.440539932574

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    FAQs

    What type of property is this?
    Land - Prime 1.01-acre commercial lot in McGregor, TX.
    Where is this land located?
    The property is located at Mcgregor Dr McGregor, TX.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: 1.01-acre commercial lot in McGregor, TX with excellent highway visibility.; Conveniently located near Downtown McGregor.; Less than 20 miles from Waco, TX.
    (254) 741-1500
    Request Owner's contact information
    Mcgregor Dr McGregor, TX 76657
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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
    Mcgregor Dr McGregor, TX 76657
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