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    Spring Valley Rd Hewitt, TX 76643

    For Sale
    $599,900

    2.7-Acre Retail Pad, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 2.7-acre commercial land parcel in Hewitt, Texas, presents a prime investment opportunity. Located on West Spring Valley Road, this C-2 zoned property boasts 117,612 square feet and offers excellent visibility with 342.8 feet of frontage. The site enjoys high traffic counts, exceeding 7,000 vehicles daily (based on 2019 TxDOT data), and benefits from its strategic location adjacent to a proposed Dollar General and a planned multi-family development, ensuring consistent traffic flow. Depth ranges from 408.3 to 637.1 feet, providing ample space for various commercial ventures. City of Hewitt sewer and water services are readily available. The property is conveniently situated within a 15-minute drive of I-35, offering easy access to major transportation routes. This location is within the Waco Metropolitan Statistical Area, a market with over 270,000 residents, and is approximately 90 miles south of the Dallas/Fort Worth area and 100 minutes north of Austin. The asking price is $599,900. Note that a large billboard is not included in the sale.

    Property Features for 0 Spring Valley Rd

    General Information

    Property type
    Land
    Lot Size
    117,612 SF

    HighLights

    • LightPoint large billboard not included.
    • 15‑minute drive to I‑35.
    • High‑visibility, heavily trafficked intersection with over 7,000 vehicles daily.
    • Easily accessible.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hewitt
    County
    McLennan
    State
    Texas
    Longitude
    -97.207655591102
    Latitude
    31.436150292745

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    FAQs

    What type of property is this?
    Land - 2.7-Acre Retail Pad, High Visibility
    Where is this land located?
    The property is located at Spring Valley Rd Hewitt, TX.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: LightPoint large billboard not included.; 15-minute drive to I-35.; High-visibility, heavily trafficked intersection with over 7,000 vehicles daily.
    Request Owner's contact information
    Spring Valley Rd Hewitt, TX 76643
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    Hewitt, TX 76643
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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
    Spring Valley Rd Hewitt, TX 76643
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