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Property profile & analytics
OFF-MARKET
Land

0 Spring Valley Rd Hewitt, TX 76643

2.7 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 2.7 ac (117,612 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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