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700 La Salle Ave Waco, TX 76706

Sponsored
For Sale
$350,000

.812 Acres, High-Value Waco Land

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional 0.812-acre tract in Waco, Texas, presents a unique investment opportunity. Located in the C-2 Community Commercial District, this property enjoys a prime position between Baylor University and Magnolia Table, offering unparalleled visibility and accessibility. The land boasts two existing curb cuts, simplifying development and access. Significant infrastructure is already in place, including a 6-inch sewer line and a 10-inch water line conveniently located at the property's front. The 2023 McLennan County Appraisal District (MCAD) valued the property at $707,410, significantly exceeding the asking price of $350,000. This discrepancy highlights the substantial potential for appreciation and return on investment. The land's versatility allows for a range of commercial and potentially residential uses, subject to city approvals. With its strategic location, existing infrastructure, and attractive price point, this property represents a compelling investment opportunity in a thriving Texas market. The land value is $11.28 per square foot. The property's address is 700 La Salle Avenue, Waco, TX 76706, within McLennan County.

Property Features for 700 La Salle Ave

General Information

Property type
Farms
Lot Size
35,371 SF

HighLights

  • 10" water line at street.
  • 6" sewer line at street.
  • Two existing curb cuts.
  • 2023 Market Value: $707,410
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

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
-97.115352302476
Latitude
31.537997634138

FAQs

What type of property is this?
Farm - .812 Acres, High-Value Waco Land
Where is this farm located?
The property is located at 700 La Salle Ave Waco, TX.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 10" water line at street.; 6" sewer line at street.; Two existing curb cuts.
More about this property
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