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    Hogan Ln Waco, TX 76705

    Sponsored
    For Sale
    $1,628,272

    Prime Waco commercial site, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5.34-acre commercial/industrial land parcel presents a remarkable investment opportunity in Waco, Texas. Located in Bellmead, McLennan County, with a 76705 zip code, this level lot boasts excellent visibility and accessibility, situated just off Interstate 35, a major thoroughfare with a high daily traffic volume of 96,057 vehicles. The property offers frontage on both Hogan Lane and Highway 77, providing convenient access for customers and employees. Its strategic location places it within the immediate trade area of prominent retailers including Walmart, H-E-B, Home Depot, Starbucks, and Sam's Club, ensuring high traffic and strong potential for business success. The site is zoned for Business District use and all utilities are readily available. This property is ready for immediate development, offering a unique chance to capitalize on Waco's thriving commercial market. The asking price is $1,628,272. Don't miss this opportunity to acquire a prime piece of real estate in a high-growth area. The property features two frontage roads and proximity to a lighted intersection, further enhancing its appeal and accessibility.

    Property Features for 0 Hogan Ln

    General Information

    Property type
    Land
    Lot Size
    232,610 SF

    HighLights

    • 5.34‑acre commercial/industrial land parcel in Bellmead, TX.
    • 96,057 vehicles per day (VPD) on I‑35.
    • Access to a nearby lighted intersection.
    • Two frontage roads (Hogan Lane & Hwy 77).
    • All utilities available.
    • Adjacent to Walmart, H‑E‑B, Home Depot, Starbucks, and Sam's Club.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.110172388302
    Latitude
    31.597510604466

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    FAQs

    What type of property is this?
    Land - Prime Waco commercial site, ideal for development.
    Where is this land located?
    The property is located at Hogan Ln Waco, TX.
    What is the asking price?
    The asking price for this property is $1,628,272.
    What are key features of this property?
    This property features: 5.34-acre commercial/industrial land parcel in Bellmead, TX.; 96,057 vehicles per day (VPD) on I-35.; Access to a nearby lighted intersection.
    Request Owner's contact information
    Hogan Ln Waco, TX 76705
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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
    Hogan Ln Waco, TX 76705
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