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    3.48 Acres On Cir Rd Waco, TX 76706

    For Sale
    Contact for pricing

    Exceptional Waco land, ideal for diverse development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This outstanding 3.48-acre property in Waco, Texas, presents a unique investment opportunity. Strategically located in McLennan County, zip code 76706, this land boasts a prime position between Baylor University, Magnolia Table, and Interstate 35, ensuring high visibility and accessibility. The property is comprised of five individual tracts, offering flexibility for various development plans. Its C-3 zoning allows for a wide range of uses, including hotels, restaurants, retail spaces, and office buildings. This makes it an attractive prospect for developers seeking to capitalize on the area's growth and strong commercial activity. The location offers significant advantages for businesses seeking high foot traffic and convenient access to major transportation routes. With its size and zoning, this land parcel presents a compelling opportunity for substantial returns. Detailed site plans and zoning information are available upon request. Don't miss this chance to acquire a highly desirable piece of Waco real estate. Contact us today to learn more about this exceptional development opportunity.

    Property Features for 0 3.48 Acres On Cir Rd

    General Information

    Property type
    Land
    Lot Size
    151,589 SF

    HighLights

    • 3.48‑acre commercial land in Waco, TX (76706).
    • Prime location near Baylor University, Magnolia Table, and I‑35.
    • Five individual tracts allow for flexible development.
    • C‑3 zoning permits diverse uses, including hotels, restaurants, retail, and offices.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.131051778486
    Latitude
    31.527679352074

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    FAQs

    What type of property is this?
    Land - Exceptional Waco land, ideal for diverse development.
    Where is this land located?
    The property is located at 3.48 Acres On Cir Rd Waco, TX.
    What are key features of this property?
    This property features: 3.48-acre commercial land in Waco, TX (76706).; Prime location near Baylor University, Magnolia Table, and I-35.; Five individual tracts allow for flexible development.
    (254) 313-0000
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    3.48 Acres On Cir Rd Waco, TX 76706
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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
    3.48 Acres On Cir Rd Waco, TX 76706
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