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    906 Ih-35 Waco, TX 76705

    For Sale
    $625,000

    High-traffic I-35 frontage land, Waco, TX.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 34,616 square foot vacant commercial land parcel is ideally situated on the I-35 frontage road in Waco, Texas, offering unparalleled visibility and accessibility. Priced at $625,000 ($18.05/SF), this C-3 zoned property presents a remarkable investment opportunity. Its prime location at the Waco Drive exit places it directly across the highway from H-E-B and adjacent to a Comfort Suites hotel, ensuring high traffic volume and excellent brand exposure. The property boasts convenient access from both the I-35 frontage road and Faulkner Lane, providing easy ingress and egress. Furthermore, its proximity to Baylor Stadium and downtown Waco (within 2 miles) adds significant value. Existing utilities are readily available on-site, courtesy of the City of Waco, simplifying development plans. Nearby established businesses include H-E-B, Sam's Club, and Comfort Suites, indicating a thriving commercial environment. This property is ready for immediate development, making it an exceptional opportunity for investors seeking high-impact commercial real estate in a rapidly growing Texas market. The property's size, location, and zoning make it suitable for a variety of commercial uses.

    Property Features for 906 Ih-35

    General Information

    Property type
    Land

    HighLights

    • 34,616 SF vacant commercial land parcel on I‑35 frontage road in Waco, TX.
    • High‑traffic location across from H‑E‑B and adjacent to Comfort Suites.
    • Convenient access from I‑35 frontage road and Faulkner Lane.
    • Two miles from Baylor Stadium and Downtown Waco.
    • City of Waco utilities available on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waco
    County
    Travis
    State
    Texas
    Longitude
    -97.0713572
    Latitude
    31.5923712

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    FAQs

    What type of property is this?
    Land - High-traffic I-35 frontage land, Waco, TX.
    Where is this land located?
    The property is located at 906 Ih-35 Waco, TX.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: 34,616 SF vacant commercial land parcel on I-35 frontage road in Waco, TX.; High-traffic location across from H-E-B and adjacent to Comfort Suites.; Convenient access from I-35 frontage road and Faulkner Lane.
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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
    906 Ih-35 Waco, TX 76705
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