Listing Agency: Onward Real Estate Team - Keller Williams b***@onwardret.com Show Phone

Listed By: Adam Voight · License #TX 650810

Source: Crexi

Added: Dec 29, 2016 Changed: Aug 8 Last Checked: Aug 8 at 11:36AM

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Investment Insights

Based on property information with market context.

This 9.696-acre property on Ritchie Road and Panther Way offers versatile development potential. The land is currently zoned R1-B Residential with a proposed change to O-2 Office, presenting opportunities for both residential and office space development. The property has subdivision potential and all utilities are readily available. It features approximately 1,300 feet of frontage on Ritchie Road, ± 415 feet on Panther Way, and 1,180 feet on Old Ritchie Road. The location provides excellent visibility and accessibility. Panther Way has a notable traffic flow of over 2,500 vehicles per day (TxDOT 2022). This property is positioned for excellent visibility, making it suitable for various ventures.

Key Highlights

• 9.696 acres of prime real estate with subdivision potential
• Zoned R1‑B Residential with a proposed change to O‑2 Office
• Utilities readily available

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

17

Businesses Nearby

Explore this area Business Placement

Demographics for 76701, TX

1,674

Population

1,029

Households

1.6

Avg Household Size

29

Median Age

32%

College-Educated

92%

High-School Grad

1.1 sq mi

ZIP Area

1,522

Density / Sq Mi

$24,593

Median Household Income

$21,897

Median Earnings

$1,008

Median Rent

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - 9.696 acres with subdivision potential, utilities available, high visibility.

Where is this commercial land located?

The property is located at Ritchie Road Waco, TX.

What is the asking price?

The asking price for this property is $2,745,325.

What are key features of this property?

This property features: 9.696 acres of prime real estate with subdivision potential; Zoned R1‑B Residential with a proposed change to O‑2 Office; Utilities readily available