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    6410 Premier Dr Waco, TX 76712

    For Sale
    $379,000

    1.45-Acre Commercial Lot in Waco, TX

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.45-acre commercial land parcel presents a prime investment opportunity in Waco, Texas. Located at 6410 Premier Dr, Waco, TX 76712, this property offers excellent visibility and accessibility. Situated near Baylor/Scott & White and Hillcrest, this location benefits from high traffic and proximity to established medical facilities, ensuring strong potential for various commercial developments. The seller is open to exploring different development options, including design-build projects, build-to-suit arrangements, or individual lot sales, providing flexibility for potential buyers. This property is part of a larger development with lot sizes ranging from 1.04 to 3.93 acres, and prices varying from $4.50 to $6.00 per square foot. The asking price for this specific 1.45-acre lot is $379,000. This presents a unique chance to acquire a strategically located commercial property in a thriving Texas market. The property is zoned for commercial use within McLennan County. Its convenient location and adaptable development options make it an attractive proposition for investors seeking a strong return on investment. Don't miss this opportunity to secure a piece of Waco's growing commercial landscape.

    Property Features for 6410 Premier Dr

    General Information

    Property type
    Land
    Lot Size
    63,162 SF

    HighLights

    • Office sites near Baylor Scott & White and Hillcrest.
    • Developer offers design‑build, build‑to‑suit, and individual lot sales.
    • Lot sizes range from 1.04 to 3.93 acres.
    • Prices range from $4.50 to $6.00 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.1724761
    Latitude
    31.4885294

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    FAQs

    What type of property is this?
    Land - 1.45-Acre Commercial Lot in Waco, TX
    Where is this land located?
    The property is located at 6410 Premier Dr Waco, TX.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: Office sites near Baylor Scott & White and Hillcrest.; Developer offers design-build, build-to-suit, and individual lot sales.; Lot sizes range from 1.04 to 3.93 acres.
    Request Owner's contact information
    6410 Premier Dr Waco, TX 76712
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    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

    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
    6410 Premier Dr Waco, TX 76712
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