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    914 Valley Mills Dr Waco, TX 76711

    For Sale
    Contact for pricing

    Prime Waco Commercial Lot, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 0.98-acre commercial lot is situated on South Valley Mills Drive in Waco, Texas, within the vibrant Floyd Casey development. Boasting a highly desirable Commercial zoning, this property offers significant potential for a variety of business ventures. The lot's location on South Valley Mills Drive ensures high visibility, with approximately 32,583 vehicles passing daily, providing excellent exposure for any business. This prime location is part of a larger urban redevelopment project, incorporating walking trails, a city park, and nearby residential areas, creating a thriving and attractive community. The land is priced at $18 per square foot, representing a compelling investment opportunity in a rapidly growing area of Waco. The property is easily accessible and benefits from its proximity to established infrastructure and amenities. This is a rare chance to secure a prominent commercial site in a dynamic and expanding urban environment. The lot's size allows for flexibility in development plans, and the possibility of subdividing is available with adjusted pricing. This presents a unique opportunity for businesses seeking high visibility and a strategic location within a thriving community. Invest in this exceptional property and capitalize on the significant growth potential of the Floyd Casey development.

    Property Features for 914 Valley Mills Dr

    General Information

    Property type
    Land
    Lot Size
    42,689 SF

    HighLights

    • Prime Valley Mills Road frontage.
    • Urban/mixed‑use development opportunity.
    • High traffic count: 32,582 vehicles per day (2022).
    • Excellent visibility.
    Property Profile 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
    -97.151726663119
    Latitude
    31.526414372147

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    FAQs

    What type of property is this?
    Land - Prime Waco Commercial Lot, High Traffic
    Where is this land located?
    The property is located at 914 Valley Mills Dr Waco, TX.
    What are key features of this property?
    This property features: Prime Valley Mills Road frontage.; Urban/mixed-use development opportunity.; High traffic count: 32,582 vehicles per day (2022).
    Request Owner's contact information
    914 Valley Mills Dr 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
    914 Valley Mills Dr Waco, TX 76711
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