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    4301 Meyers Ln Waco, TX 76705

    For Sale
    $700,000

    Prime Waco location, C-1 zoning, high visibility.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 9.8-acre commercial land parcel in Waco, Texas, presents a remarkable investment opportunity. Located at 4301 Meyers Lane, this property boasts high traffic and visibility, situated less than a mile from the intersection of I-35 and Loop 340, ensuring convenient access and significant exposure. The property is zoned C-1, allowing for a wide range of commercial uses, including shopping centers, restaurants, fuel stations, RV sales, and more. Detailed permitted uses under C-1 zoning include, but are not limited to, shopping centers, restaurants or cafeterias, RV trailer or mobile home sales or rentals, fuel/service stations (auto), and commercial amusement facilities. The site offers convenient ingress and egress points on both Meyers Lane and Pecan Lane. Existing infrastructure includes a 4-inch sewer lateral and a ½-inch water service. The property is approximately 5 miles from Downtown Waco and is surrounded by many established businesses and multi-family residential developments, indicating a strong and growing commercial area. This is an ideal location for developers and investors seeking a high-visibility site with excellent access and a wide array of permitted uses. The asking price for this exceptional property is $700,000. The property is located in McLennan County, Texas, with a Waco, TX 76705 zip code.

    Property Features for 4301 Meyers Ln

    General Information

    Property type
    Land
    Lot Size
    426,888 SF

    HighLights

    • High traffic and visibility.
    • Approximately 5 miles to Downtown Waco.
    • 4" sewer lateral, 1⁄2" water service.
    • Less than 1 mile to I‑35 & Loop 340.
    • Surrounded by established businesses and multi‑family developments.
    • Ingress/egress on Meyers Lane and Pecan Lane.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -97.094227152106
    Latitude
    31.617713229564

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    FAQs

    What type of property is this?
    Land - Prime Waco location, C-1 zoning, high visibility.
    Where is this land located?
    The property is located at 4301 Meyers Ln Waco, TX.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: High traffic and visibility.; Approximately 5 miles to Downtown Waco.; 4" sewer lateral, 1⁄2" water service.
    (254) 741-1500
    Request Owner's contact information
    4301 Meyers Ln Waco, TX 76705
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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
    4301 Meyers Ln Waco, TX 76705
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