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    China Spg Rd And Scott Ln Waco, TX 76708

    For Sale
    Contact for pricing

    Prime Waco commercial land, PUD zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 7.809-acre commercial land parcel presents a remarkable investment opportunity in the thriving Waco, Texas market. Located at the intersection of China Spring Road and Scott Lane, this property boasts a highly desirable Planned Unit Development (PUD) zoning designation, offering considerable flexibility for a variety of commercial uses. The land is priced at $10 to $15 per square foot, reflecting its strategic location and development potential. The site's accessibility is further enhanced by its proximity to a newly expanded highway, ensuring excellent visibility and convenient access for businesses and customers. The property's configuration allows for division, providing options for smaller-scale development or the potential for multiple commercial ventures. Two drive cuts are permitted, facilitating efficient site access and traffic flow. Situated in McLennan County, with a Waco, TX 76708 zip code, this property is ideally positioned within a growing area, promising strong returns for discerning investors. This is a rare opportunity to acquire a sizable, well-located commercial land parcel with significant development potential in a dynamic Texas market. The PUD zoning allows for a range of commercial projects, making this an attractive option for developers and investors seeking a versatile and strategically positioned asset.

    Property Features for 0 China Spg Rd And Scott Ln

    General Information

    Property type
    Land
    Lot Size
    340,160 SF

    HighLights

    • 7.809‑acre commercial land parcel in Waco, TX, zoned PUD.
    • Allows for division into smaller parcels.
    • Features two permitted drive cuts.
    • Excellent access via a newly expanded highway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.2311793
    Latitude
    31.6272171

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    FAQs

    What type of property is this?
    Land - Prime Waco commercial land, PUD zoning.
    Where is this land located?
    The property is located at China Spg Rd And Scott Ln Waco, TX.
    What are key features of this property?
    This property features: 7.809-acre commercial land parcel in Waco, TX, zoned PUD.; Allows for division into smaller parcels.; Features two permitted drive cuts.
    (254) 753-1157
    Request Owner's contact information
    China Spg Rd And Scott Ln Waco, TX 76708
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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
    China Spg Rd And Scott Ln Waco, TX 76708
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