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    914 Valley Mills Dr Waco, TX 76711

    For Sale
    Contact for pricing

    Prime Waco land, high traffic, development potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 3.08-acre commercial land parcel presents a unique investment opportunity in Waco, Texas. Located at 914 S Valley Mills Dr, in McLennan County, zip code 76711, this property is zoned for commercial use and offers significant potential for various business developments. The site benefits from its high-traffic location on S Valley Mills Drive, with approximately 32,583 vehicles passing daily, ensuring excellent visibility and accessibility for any business. The land is part of the Floyd Casey redevelopment project, a vibrant mixed-use development incorporating walking trails, a city park, and nearby residential areas, creating a thriving and attractive community. The price per square foot for this land ranges from $15 to $20, offering flexibility for various development plans. Subdividing options are available, with pricing adjusted based on the final configuration. This is a rare chance to acquire land in a dynamic area experiencing substantial growth, making it an ideal investment for developers seeking a prime location in a rapidly developing community. The property's strategic location and the ongoing redevelopment efforts make it a compelling investment opportunity with significant long-term growth potential.

    Property Features for 914 Valley Mills Dr

    General Information

    Property type
    Land
    Lot Size
    134,165 SF

    HighLights

    • Excellent Valley Mills Road location.
    • Urban/mixed‑use zoning.
    • High traffic count: 32,582 vehicles per day (2022).
    • High visibility from the road.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.14825179521
    Latitude
    31.526621743372

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    FAQs

    What type of property is this?
    Land - Prime Waco land, high traffic, development potential
    Where is this land located?
    The property is located at 914 Valley Mills Dr Waco, TX.
    What are key features of this property?
    This property features: Excellent Valley Mills Road location.; Urban/mixed-use zoning.; High traffic count: 32,582 vehicles per day (2022).
    Request Owner's contact information
    914 Valley Mills Dr Waco, TX 76711
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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
    914 Valley Mills Dr Waco, TX 76711
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