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    I-35 N Lacy Lakeview, TX 76705

    Sponsored
    For Sale
    $825,201

    Prime 1.18-acre lot, high traffic I-35 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.184-acre vacant land parcel presents a remarkable development opportunity in Waco, Texas. Strategically located on North I-35, this property boasts exceptional visibility and accessibility, placing it within minutes of downtown Waco. The lot is zoned for Business District use, opening doors to a wide array of commercial ventures. With a land value of $16 per square foot, the asking price is $825,201. The property's prime location is further enhanced by its proximity to established businesses, including H-E-B, Sam's Club, Great Clips, Subway, and numerous banks and hotels. This high-traffic area ensures significant exposure for any development. The 1.184-acre size offers ample space for a variety of commercial projects, making it an ideal investment for developers seeking a high-impact location in a thriving Texas market. The property is situated in McLennan County, Lacy Lakeview, Texas, with a zip code of 76705. This location offers easy access to major transportation routes and a strong local economy. Don't miss this chance to acquire a premier commercial property in a rapidly growing area.

    Property Features for I-35 N

    General Information

    Property type
    Land
    Lot Size
    51,575 SF

    HighLights

    • 1.184‑acre vacant land parcel in Waco, TX, zoned for Business District use.
    • Exceptional visibility and accessibility on North I‑35, minutes from downtown.
    • $825,201 asking price, land value of $16/SF.
    • High‑traffic location near H‑E‑B, Sam's Club, and other established businesses.
    • Located in Lacy Lakeview, TX (76705), offering easy access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lacy Lakeview
    County
    McLennan
    State
    Texas
    Longitude
    -97.10923517
    Latitude
    31.58902978

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    FAQs

    What type of property is this?
    Land - Prime 1.18-acre lot, high traffic I-35 frontage.
    Where is this land located?
    The property is located at I-35 N Lacy Lakeview, TX.
    What is the asking price?
    The asking price for this property is $825,201.
    What are key features of this property?
    This property features: 1.184-acre vacant land parcel in Waco, TX, zoned for Business District use.; Exceptional visibility and accessibility on North I-35, minutes from downtown.; $825,201 asking price, land value of $16/SF.
    Request Owner's contact information
    I-35 N Lacy Lakeview, 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
    I-35 N Lacy Lakeview, TX 76705
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