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    China Spg Rd & Steinbeck Bnd Waco, TX 76708

    For Sale
    $264,000

    1.01-acre lot, C-3 zoning, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1.01-acre commercial land parcel presents a remarkable investment opportunity in Waco, Texas. Strategically located at the intersection of China Spring Road and Steinbeck Bend, this property boasts unparalleled access and visibility, making it ideal for a wide range of commercial ventures. The lot is zoned C-3, offering flexibility for various business types. With a land value of $6 per square foot, this represents a compelling price point for a property of this size and location in a thriving market. The address is 76708, within McLennan County. The property's expansive size and prime location provide significant potential for development and growth. Its high visibility ensures substantial exposure to a large volume of daily traffic, maximizing the potential for attracting customers and clients. This is a rare opportunity to acquire a well-situated commercial lot in a rapidly developing area of Waco. Don't miss out on this chance to secure a piece of prime real estate in a dynamic and growing Texas market. The asking price is $264,000.

    Property Features for 0 China Spg Rd & Steinbeck Bnd

    General Information

    Property type
    Land
    Lot Size
    43,996 SF

    HighLights

    • $264,000 asking price for 1.01 acres of commercial land.
    • Located in Waco, Texas, McLennan County, at the intersection of China Spring Rd & Steinbeck Bend (zip code 76708).
    • C‑3 zoning.
    • Land value: $6 per square foot.
    • Excellent access and visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.199370306749
    Latitude
    31.605543320317

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    FAQs

    What type of property is this?
    Land - 1.01-acre lot, C-3 zoning, high visibility.
    Where is this land located?
    The property is located at China Spg Rd & Steinbeck Bnd Waco, TX.
    What is the asking price?
    The asking price for this property is $264,000.
    What are key features of this property?
    This property features: $264,000 asking price for 1.01 acres of commercial land.; Located in Waco, Texas, McLennan County, at the intersection of China Spring Rd & Steinbeck Bend (zip code 76708).; C-3 zoning.
    (254) 313-0000
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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
    China Spg Rd & Steinbeck Bnd Waco, TX 76708
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