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    I-35 & Bagby Ave Hewitt, TX 76712

    Sponsored
    For Sale
    Contact for pricing

    Prime Waco location, divisible land, build-to-suit.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 152.71-acre tract presents a unique opportunity for commercial or industrial development in Hewitt, Texas. Strategically located near the intersection of I-35 and Bagby Avenue in Waco, this property boasts approximately 1,800 feet of frontage along Interstate 35, providing unparalleled highway access. The M2 zoning allows for a wide range of development possibilities. Future development plans include the extension of Gateway Boulevard from Bagby Avenue to I-35, creating additional access points and direct connectivity to the Waco Industrial Park. The property's size allows for divisibility, catering to various project scales. Furthermore, the City of Waco provides water and sewer services, with all impact fees waived, significantly reducing development costs. The location also benefits from access to a competitively priced labor pool. This is an ideal site for businesses seeking a prominent location with excellent infrastructure and accessibility in a thriving Texas market. The property is available for sale, build-to-suit, or design-build projects, offering flexibility to meet specific development needs.

    Property Features for 0 I-35 & Bagby Ave

    General Information

    Property type
    Land
    Lot Size
    6,652,048 SF

    HighLights

    • 152.71‑acre tract available for commercial/industrial development in Hewitt, TX.
    • Exceptional I‑35 frontage (approx. 1,800 ft) near Bagby Ave in Waco, TX.
    • M2 zoning allows diverse development options.
    • Future Gateway Blvd extension will enhance access & connectivity to Waco Industrial Park.
    • Divisible acreage accommodates various project scales.
    • City of Waco provides water/sewer; impact fees waived.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Hewitt
    County
    McLennan
    State
    Texas
    Longitude
    -97.16334453009
    Latitude
    31.473665659121

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    FAQs

    What type of property is this?
    Land - Prime Waco location, divisible land, build-to-suit.
    Where is this land located?
    The property is located at I-35 & Bagby Ave Hewitt, TX.
    What are key features of this property?
    This property features: 152.71-acre tract available for commercial/industrial development in Hewitt, TX.; Exceptional I-35 frontage (approx. 1,800 ft) near Bagby Ave in Waco, TX.; M2 zoning allows diverse development options.
    Request Owner's contact information
    I-35 & Bagby Ave Hewitt, TX 76712
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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

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    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
    I-35 & Bagby Ave Hewitt, TX 76712
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