0 Spring Valley Rd Hewitt, TX 76643
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.