Ritchie Road and Chapel Road Waco, TX 76712

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

Listed by Adam Voight · License #TX 650810

Source Crexi

Added: Aug 25, 2020 Checked: Jul 16 at 10:25 am

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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.

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FAQs

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.