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    3200 New Rd Waco, TX 76711

    For Sale
    $1,698,840

    Prime Waco land, 12 acres, R-3B zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 12-acre vacant land parcel presents a remarkable opportunity for development. Strategically located in Waco, Texas, at 3200 S New Road, zip code 76711, this property boasts convenient access to I-35, ensuring excellent connectivity. The land is zoned R-3B, offering considerable flexibility for various development projects. Its expansive size provides ample space for a wide range of uses. The property's prime location is further enhanced by its proximity to the future site of University High School, promising significant long-term value and potential for increased demand. The asking price is $1,698,840. Detailed site plans and zoning information are readily available upon request. This is an ideal investment for developers seeking a high-potential location with excellent access and future growth prospects. The property's 12-acre size and R-3B zoning make it suitable for a variety of projects, from residential to commercial developments. Don't miss this chance to acquire a significant piece of land in a rapidly growing area of Waco. Contact us today to learn more.

    Property Features for 3200 New Rd

    General Information

    Property type
    Land
    Lot Size
    522,720 SF

    HighLights

    • 12‑acre vacant land parcel in Waco, TX.
    • Located at 3200 S New Road, 76711, with I‑35 access.
    • R‑3B zoning allows for diverse development options.
    • Near the future site of University High School.
    • Asking price: $1,698,840.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.1520926
    Latitude
    31.5140575

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    FAQs

    What type of property is this?
    Land - Prime Waco land, 12 acres, R-3B zoning.
    Where is this land located?
    The property is located at 3200 New Rd Waco, TX.
    What is the asking price?
    The asking price for this property is $1,698,840.
    What are key features of this property?
    This property features: 12-acre vacant land parcel in Waco, TX.; Located at 3200 S New Road, 76711, with I-35 access.; R-3B zoning allows for diverse development options.
    Request Owner's contact information
    3200 New Rd Waco, TX 76711
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    3200 New Rd
    Waco, TX 76711
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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
    3200 New Rd Waco, TX 76711
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