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    5101 Hwy 6 Woodway, TX 76712

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    For Sale
    Contact for pricing

    Prime Industrial Lots, Waco, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional opportunity presents 2.5 to 3.9 acres of build-ready industrial land in the desirable Lake Waco Business Park, located in Woodway, Texas, zip code 76712, at 5101 N Hwy 6. Situated in McLennan County, this property offers a strategic location between major Texas cities: Dallas-Fort Worth, Austin, and Houston, catering to the increasing need for industrial space. The land is ideal for distribution and light manufacturing businesses. The site boasts significant advantages including readily available water and three-phase power. Its proximity to key thoroughfares, including I-35, Highway 84, and Highway 6/Loop 340, ensures excellent accessibility and efficient transportation. Furthermore, its location within Waco's Extra Territorial Jurisdiction (ETJ) eliminates zoning restrictions and city taxes, streamlining the development process. Pre-engineered stormwater detention is already in place, making this a truly move-in ready site. This is a rare chance to acquire prime industrial land in a thriving Texas market with minimal upfront development hurdles.

    Property Features for 5101 Hwy 6

    General Information

    Property type
    Land
    Lot Size
    108,900 SF

    HighLights

    • 2.5‑3.9 acres of build‑ready industrial land in Lake Waco Business Park, Woodway, TX (76712).
    • Three‑phase power and readily available water.
    • Excellent access to I‑35, Hwy 84, and Hwy 6/Loop 340.
    • Located in Waco's ETJ, offering no zoning restrictions and no city taxes.
    • Pre‑engineered stormwater detention in place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Auto Parts Store Kitchen & Bath Electrical Service Convenience Store Plumbing Service Bookstore

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodway
    County
    McLennan
    State
    Texas
    Longitude
    -97.286521046383
    Latitude
    31.534763375077

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    FAQs

    What type of property is this?
    Land - Prime Industrial Lots, Waco, TX
    Where is this land located?
    The property is located at 5101 Hwy 6 Woodway, TX.
    What are key features of this property?
    This property features: 2.5-3.9 acres of build-ready industrial land in Lake Waco Business Park, Woodway, TX (76712).; Three-phase power and readily available water.; Excellent access to I-35, Hwy 84, and Hwy 6/Loop 340.
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    5101 Hwy 6 Woodway, TX 76712
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    Woodway, 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
    5101 Hwy 6 Woodway, TX 76712
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