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    1.5 Acres On Crosslake Pkwy Waco, TX 76712

    For Sale
    Contact for pricing

    1.5-Acre Pad Site, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.5-acre commercial land parcel presents a remarkable opportunity in the thriving Legends Crossing development in Woodway, Texas (zip code 76712). Situated on Crosslake Parkway in McLennan County, this pad site enjoys unparalleled visibility and accessibility, boasting high traffic counts among the county's busiest thoroughfares. Its strategic location places it in close proximity to established businesses including Baylor Scott & White, Salt Grass Steak House, Hilton Garden Inn, P.F. Chang's, and Chuys, ensuring significant foot traffic and brand synergy. The property is ideally suited for a diverse range of commercial uses, including restaurants, retail establishments, office spaces, or a combination thereof. Developers have the flexibility to build to suit their specific needs and vision. With a potential buildable area exceeding 20,000 square feet, this site offers ample space for a substantial development. The site's proximity to Waco's Central Texas Marketplace further enhances its appeal and potential for strong returns. This is a rare opportunity to acquire a highly desirable commercial land parcel in a rapidly growing area with exceptional visibility and access. Don't miss this chance to secure a prime location for your next commercial venture.

    Property Features for 0 1.5 Acres On Crosslake Pkwy

    General Information

    Property type
    Land
    Lot Size
    65,340 SF

    HighLights

    • Versatile space suitable for restaurant, office, or retail use.
    • Build‑to‑suit options available.
    • 20,000 square feet, divisible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.159055654454
    Latitude
    31.491267948452

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    FAQs

    What type of property is this?
    Land - 1.5-Acre Pad Site, Prime Location
    Where is this land located?
    The property is located at 1.5 Acres On Crosslake Pkwy Waco, TX.
    What are key features of this property?
    This property features: Versatile space suitable for restaurant, office, or retail use.; Build-to-suit options available.; 20,000 square feet, divisible.
    (903) 721-5783
    Request Owner's contact information
    1.5 Acres On Crosslake Pkwy Waco, 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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    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
    1.5 Acres On Crosslake Pkwy Waco, TX 76712
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