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    4501 Waco Dr Waco, TX 76710

    For Sale
    Contact for pricing

    High-visibility Waco development site. Excellent access & high traffic counts.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3-acre commercial land parcel presents a prime development opportunity in Waco, Texas. Located at 4501 W Waco Dr, this C-3 zoned property boasts a highly visible corner location with over 360 feet of frontage on Waco Drive (Hwy 84). Its strategic position ensures excellent exposure to the significant traffic volume, with 2020 TxDOT counts registering 23,602 vehicles. The site benefits from convenient access to both W Waco Drive and Esther Street, providing easy ingress and egress for potential developments. The property currently features three tenants operating under month-to-month leases, offering flexibility for future plans. This versatile site is ideal for a variety of commercial uses, and the owner will also consider ground lease options. Situated in McLennan County, with a Waco, TX 76710 zip code, this property offers unparalleled potential for investors and developers seeking a high-traffic, highly visible location in a thriving Texas market. The property's location is surrounded by national retailers, further enhancing its desirability and potential for success.

    Property Features for 4501 Waco Dr

    General Information

    Property type
    Land
    Lot Size
    130,680 SF

    HighLights

    • Highly visible 3‑acre corner lot in Waco, TX.
    • Excellent location near national retailers.
    • High traffic count (23,602 vehicles in 2020 per TxDOT).
    • Over 360 feet of frontage on Waco Dr (Hwy 84).
    • Easy access to W Waco Dr/Hwy 84 and Esther St.
    • Three month‑to‑month tenants provide flexibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ROBERT POGUE'S AUTOMOTIVE Auto Repair Shop Brazos Distributors Inc Distribution Service Tracy's Auto Sales Used Car Dealer Giles Motors Used Car Dealer Charmed Motors LLC Car Dealer

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.1740196
    Latitude
    31.5261306

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    FAQs

    What type of property is this?
    Land - High-visibility Waco development site. Excellent access & high traffic counts.
    Where is this land located?
    The property is located at 4501 Waco Dr Waco, TX.
    What are key features of this property?
    This property features: Highly visible 3-acre corner lot in Waco, TX.; Excellent location near national retailers.; High traffic count (23,602 vehicles in 2020 per TxDOT).
    (254) 741-1500
    Request Owner's contact information
    4501 Waco Dr Waco, TX 76710
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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
    4501 Waco Dr Waco, TX 76710
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