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    1601 Valley Mills Dr Waco, TX 76711

    For Sale
    Contact for pricing

    .95-acre lot, high traffic, I-35 proximity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional .95-acre commercial lot presents a unique investment opportunity in Waco, Texas. Located at 1601 S Valley Mills Dr, in the Beverly Hills area, this level lot boasts 400 feet of road frontage on the corner of Speight Ave and South Valley Mills Drive, ensuring high visibility and significant daily traffic. Its strategic location offers easy access to Interstate 35 and is just a few miles from Downtown Waco, providing excellent connectivity to the city's core and surrounding areas. Situated in rapidly developing McLennan County, this property is ideally suited for a variety of commercial uses, including but not limited to financial institutions, restaurants, and gas stations. The property is not located within a FEMA-designated floodplain, eliminating potential flood-related risks. With its substantial road frontage, high traffic counts, and proximity to major transportation arteries, this lot offers unparalleled exposure and potential for significant return on investment. The possibilities are extensive for businesses seeking a prominent presence in a thriving commercial area. This is a rare opportunity to acquire a prime commercial lot in a rapidly growing market. The zip code is 76711.

    Property Features for 1601 Valley Mills Dr

    General Information

    Property type
    Land

    HighLights

    • .95‑acre commercial lot in Waco, TX's Beverly Hills area, offering high visibility due to 400 feet of road frontage on S Valley Mills Dr and Speight Ave.
    • Excellent location with easy I‑35 access and proximity to Downtown Waco.
    • Suitable for various commercial uses, including financial institutions, restaurants, and gas stations.
    • Located outside of a FEMA‑designated floodplain.
    • Prime commercial lot in a rapidly growing market (zip code 76711).
    Property Profile Location Intelligence

    Current Use by Public Records

    Supercuts Barber Shop

    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
    -97.1402028
    Latitude
    31.5243986

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    FAQs

    What type of property is this?
    Land - .95-acre lot, high traffic, I-35 proximity.
    Where is this land located?
    The property is located at 1601 Valley Mills Dr Waco, TX.
    What are key features of this property?
    This property features: .95-acre commercial lot in Waco, TX's Beverly Hills area, offering high visibility due to 400 feet of road frontage on S Valley Mills Dr and Speight Ave.; Excellent location with easy I-35 access and proximity to Downtown Waco.; Suitable for various commercial uses, including financial institutions, restaurants, and gas stations.
    (972) 415-5171
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    1601 Valley Mills Dr Waco, TX 76711
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    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
    1601 Valley Mills Dr Waco, TX 76711
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