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    Waco Dr Waco, TX 76710

    Sponsored
    For Sale
    $450,000

    40,118 SF lot, ready for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 40,118 square foot commercial land parcel presents a prime development opportunity in the heart of Waco's thriving retail zone. Located at TBD W. Waco Drive, Waco, TX 76710, this flat, level lot is ready for immediate construction. City of Waco utilities are already in place, including natural gas lines directly to the site, simplifying the development process. The property benefits from shared access with other established retail businesses, ensuring high visibility and convenient access for future tenants. Its strategic location offers easy access to downtown Waco, placing it within minutes of a vibrant urban core. Nearby businesses include popular establishments such as Mcalister's Deli, Gold's Gym, Academy Sports & Outdoors, and Posh Nail Salon, indicating a strong and diverse commercial environment. This property is ideal for high-end retail or office development, offering significant potential for return on investment. The asking price for this exceptional opportunity is $450,000. Don't miss this chance to acquire a premier commercial lot in a rapidly growing Texas market.

    Property Features for 0 Waco Dr

    General Information

    Property type
    Land

    HighLights

    • City of Waco utilities available.
    • 40,118 SF flat, level lot ready for immediate development.
    • Natural gas lines on‑site.
    • Shared access with established retail businesses.
    • Minutes from Downtown Waco.
    • Prime location in Waco's thriving retail zone, near Mcalister's Deli, Gold's Gym, and other businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waco
    County
    McLennan
    State
    Texas
    Longitude
    -97.1673304
    Latitude
    31.5312999

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    FAQs

    What type of property is this?
    Land - 40,118 SF lot, ready for development.
    Where is this land located?
    The property is located at Waco Dr Waco, TX.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: City of Waco utilities available.; 40,118 SF flat, level lot ready for immediate development.; Natural gas lines on-site.
    (254) 776-7599
    Request Owner's contact information
    Waco Dr Waco, TX 76710
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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
    Waco Dr Waco, TX 76710
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