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    6501 Horizon Cir Waco, TX 76712

    For Sale
    $427,000

    Prime Waco commercial land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.63-acre commercial land parcel is situated in Waco, Texas, at 6501 Horizon Cir, 76712, within McLennan County. Offered at $427,000, this property presents a compelling investment opportunity. Its location offers excellent proximity to Baylor/Scott & White and Hillcrest, making it highly attractive for various commercial ventures. The seller is open to exploring different development options, including design-build projects, build-to-lease agreements, or individual lot sales. While this specific parcel encompasses 1.63 acres, it's important to note that the overall development features lots ranging in size from 1.04 acres to 3.93 acres, with prices varying from $4.50 per square foot to $6.00 per square foot. This flexibility allows for tailored development plans to suit diverse business needs and investment strategies. The property's strategic location and the developer's willingness to consider various development approaches make this a truly unique opportunity in the thriving Waco commercial real estate market. This is a chance to acquire a well-positioned parcel ready for immediate development or future investment. Contact us today to learn more about this exceptional opportunity.

    Property Features for 6501 Horizon Cir

    General Information

    Property type
    Land
    Lot Size
    71,003 SF

    HighLights

    • $427,000 asking price for 1.63 acres of commercial land.
    • Excellent location near Baylor/Scott & White and Hillcrest.
    • Developer offers design/build, build‑to‑suit, or individual lot sales options.
    • Lot sizes range from 1.04 to 3.93 acres.
    • Prices range from $4.50 to $6.00 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.173567
    Latitude
    31.4861436

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    FAQs

    What type of property is this?
    Land - Prime Waco commercial land, ideal for development.
    Where is this land located?
    The property is located at 6501 Horizon Cir Waco, TX.
    What is the asking price?
    The asking price for this property is $427,000.
    What are key features of this property?
    This property features: $427,000 asking price for 1.63 acres of commercial land.; Excellent location near Baylor/Scott & White and Hillcrest.; Developer offers design/build, build-to-suit, or individual lot sales options.
    Request Owner's contact information
    6501 Horizon Cir Waco, TX 76712
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    Waco, TX 76712
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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
    6501 Horizon Cir Waco, TX 76712
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