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Development Land in Waco, Texas
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Ritchie Road and Chapel Road, Waco, TX 76712

8.098 acres of divisible development land for sale.

Property SizeContact for details
Lot Size8.10 Acres
Days on Market2200

Property Features for Ritchie Road and Chapel Road

General Information

Standard status Active
Lot size 8.10 Acres
Property subtype Land
Zoning C-2: Community Commercial
Listing Agency: Onward Real Estate Team - Keller Williams
Listed By: Adam Voight · License #TX 650810
Source: Crexi
Added: Aug 25, 2020 Changed: Aug 26 Last Checked: Aug 29 at 2:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Onward Real Estate Team - Keller Williams

Investment Insights

Based on property information with market context.

This listing features 8.098 acres of development land in Waco, Texas, and is divisible with options to purchase different pieces of the property. The property is located in the city limits of Waco, Texas. Package A includes the full 8.098 acres, featuring 256.43' of frontage on Chapel Road and 1,257.63' of frontage on Ritchie Road. Package B includes 6.098 acres, featuring 952.63' of frontage on Ritchie Road. Package C includes 2 acres, featuring 256.43' of frontage on Chapel Road and 305' of frontage on Ritchie Road. The parcel is zoned Waco’s C-2: Community Commercial. Chapel Road sees 4,000+ vehicles per day according to a 2018 TxDOT Study. The Waco Metropolitan Statistical Area has a population of over 270,000 people. The City of Waco is located approximately 90 miles south of the Dallas/Fort Worth area and about 100 minutes north of Austin, Texas.

Key Highlights

  • 8.098 acres of development land in Waco, Texas.
  • Divisible land with multiple purchase options: full 8.098 acres, 6.098 acres, or 2 acres.
  • Zoned C‑2: Community Commercial.

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 76712, TX

27,800
Population
11,704
Households
2.4
Avg Household Size
41
Median Age
49%
College-Educated
96%
High-School Grad
52.4 sq mi
ZIP Area
531
Density / Sq Mi
$96,267
Median Household Income
$56,879
Median Earnings
$1,333
Median Rent
$302,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 8.098 acres of divisible development land for sale.
Where is this commercial land located?
The property is located at Ritchie Road and Chapel Road Waco, TX.
What is the asking price?
The asking price for this property is $5,726,833.
What are key features of this property?
This property features: 8.098 acres of development land in Waco, Texas.; Divisible land with multiple purchase options: full 8.098 acres, 6.098 acres, or 2 acres.; Zoned C‑2: Community Commercial.
(254) 717-9306 Call to check price and availability
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