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    500 Valley Mills Dr Waco, TX 76711

    For Sale
    Contact for pricing

    4.43 Acres, City Utilities, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 4.431-acre commercial land parcel presents a unique investment opportunity in Waco, Texas. Located at 500 S Valley Mills Dr, this property boasts high visibility due to its frontage on S. Valley Mills Drive and Clay Avenue. The land is comprised of two lots: one approximately 2.547 acres fronting S. Valley Mills Drive, and a second approximately 1.884 acres accessible from Clay Avenue. Situated within the Beverly Hills city limits, this property offers the convenience of City of Waco utilities. The zoning designation is (M) Industrial by the City of Beverly Hills, allowing for diverse commercial and industrial uses. Built in 1958, this site offers significant potential for redevelopment or expansion. The property's strategic location and flexible zoning make it ideal for a variety of projects. With a total acreage of 4.431 acres, and a price of $348,480 per acre, this is a compelling opportunity to acquire prime commercial real estate in a growing Texas market. The high daily traffic volume of 41,350 vehicles per day (data from 2005) further enhances the property's commercial appeal. This property is ready for your vision.

    Property Features for 500 Valley Mills Dr

    General Information

    Property type
    Land
    Lot Size
    193,014 SF

    HighLights

    • High‑traffic location with 41,350 vehicles per day (VPD) in 2005.
    • Excellent street frontage on S. Valley Mills Drive.
    • Additional street frontage on Clay Avenue.
    • Industrially zoned (M) by the City of Beverly Hills.
    • Built in 1958.
    Property Profile Location Intelligence

    Current Use by Public Records

    Roman The Realtor -Coldwell ... Real Estate Agency SWBC Mortgage Waco ... Mortgage Lender Dana Mitchell, Coldwell ... Real Estate Consultant Charissa Menchaca | Coldwell ... Real Estate Agent Academy Capital Management Financial Consultant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.155196
    Latitude
    31.5293613

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    FAQs

    What type of property is this?
    Land - 4.43 Acres, City Utilities, High Visibility
    Where is this land located?
    The property is located at 500 Valley Mills Dr Waco, TX.
    What are key features of this property?
    This property features: High-traffic location with 41,350 vehicles per day (VPD) in 2005.; Excellent street frontage on S. Valley Mills Drive.; Additional street frontage on Clay Avenue.
    (254) 776-7599
    Request Owner's contact information
    500 Valley Mills Dr 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
    500 Valley Mills Dr Waco, TX 76711
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