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    1471 Jerry Mashek Dr West, TX 76691

    For Sale
    $250,000

    4.98 acres, C-zoned, near Waco.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 4.98-acre parcel, located at 1471 Jerry Mashek Dr, West, TX 76691, presents a unique investment opportunity. Zoned C, this land offers flexibility for both commercial and residential development. Situated in the thriving town of West, Texas, this property boasts convenient access to city utilities, and potential rail access, making it ideal for a variety of uses. The location offers significant advantages, being situated along Interstate 35, a major thoroughfare connecting Dallas and Austin. West is a close-knit community within the Waco Metropolitan Statistical Area, a region with a population exceeding 280,000. The high daily traffic volume on I-35, exceeding 70,000 vehicles, ensures high visibility and accessibility. This unimproved land is priced at $250,000 and is offered for sale by owner. The property's potential for commercial expansion or residential redevelopment makes it a compelling investment in a rapidly growing area. McLennan County location provides access to a robust regional infrastructure. This is a rare opportunity to acquire a sizable tract of land in a strategic location with excellent growth potential.

    Property Features for 1471 Jerry Mashek Dr

    General Information

    Property type
    Land
    Lot Size
    216,929 SF

    HighLights

    • 4.98‑acre parcel in West, TX.
    • C‑zoned for commercial and residential development.
    • Convenient access to city utilities and potential rail access.
    • Prime I‑35 location with high daily traffic counts (70,000+ vehicles).
    • $250,000 asking price, owner‑sale.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    West
    County
    McLennan
    State
    Texas
    Longitude
    -97.08739121111
    Latitude
    31.815553022817

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    FAQs

    What type of property is this?
    Land - 4.98 acres, C-zoned, near Waco.
    Where is this land located?
    The property is located at 1471 Jerry Mashek Dr West, TX.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: 4.98-acre parcel in West, TX.; C-zoned for commercial and residential development.; Convenient access to city utilities and potential rail access.
    (254) 294-2334
    Request Owner's contact information
    1471 Jerry Mashek Dr West, TX 76691
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    West, TX 76691
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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
    1471 Jerry Mashek Dr West, TX 76691
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