Mixed-Use

Lorena, TX Mixed-use Properties for Sale

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Downtown Lorena Mixed-Use Opportunity
Updated: Jul 25, 2023
Downtown Lorena Mixed-Use Opportunity

101-105 E Center Street, Lorena, TX 76655

$949,000
8,094 sqft
Over 8,000 sq ft of space suitable for multiple businesses
Located in historic Downtown Lorena
Easy access to and from I‑35
Zoning is C (Commercial)
Ran a successful local business for 60 years
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This listing looks promising.

Here's a quick look at some key insights for

101-105 E Center Street, Lorena, TX 76655

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Lorena, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Level Commercial Land Tract
Level Commercial Land Tract

5935 Fm 2484, Salado, TX 76571

$1,179,000
1,384 sqft 13.05 AC lot

Level, buildable tract in a high-visibility area with strong traffic for a range of commercial or development plans.

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Versatile Land in Salado, TX
Versatile Land in Salado, TX

1039 Fm 2268, Salado, TX 76571

$1,500,000
7.66 AC lot

7.66 acres ideal for mixed-use, live-work, or commercial development.

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Former Dillard's at Richland Mall
Former Dillard's at Richland Mall

6001 W Waco Dr, Waco, TX 76710

Contact for pricing
104,000 sqft

Prime location suitable for retail, office, entertainment, mixed-use.

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Redevelopment Opportunity | 48,000 SF
Redevelopment Opportunity | 48,000 SF

1201 Austin Ave, Waco, TX 76701

Contact for pricing
48,000 sqft

48,000 SF mixed-use, industrial, office, retail, residential property.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Mixed-Use Development Land Opportunity
Mixed-Use Development Land Opportunity

TBD1 Fm 1239, Bruceville Eddy, TX 76524

$4,500,000
290.82 AC lot

Large development tract near Interstate 35 with road frontage on major corridors for flexible commercial and residential planning.

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Commercial Land on Highway 77
Commercial Land on Highway 77

517 N Robinson Drive, Robinson, TX 76706

$589,999
2.25 AC lot

2.25-acre commercial development opportunity with highway frontage.

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Commercial Land on Highway 77
Commercial Land on Highway 77

519 N Robinson Drive, Robinson, TX 76706

$589,999
2.25 AC lot

2.25-acre corner lot with highway frontage in Robinson, Texas.

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Two Adjoining Lots with Older Building
Two Adjoining Lots with Older Building

605 S 25th Street, Temple, TX 76504

$175,000
200 sqft 0.16 AC lot

Two adjoining commercial lots in Temple, TX, with an existing older building and development flexibility.

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Off-Market Properties in Lorena, TX

Consider similar Off-Market properties in Lorena, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Houston St
Retail properties & Spaces

0 Houston St, Lorena, TX 76655

Value Estimation by Request
3.41 AC lot
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Lorena, TX Mixed-Use Properties Market Trends and Statistics

Explore 2 mixed-use properties for sale in Lorena, TX on our real estate platform. These investment opportunities span a total of 8,094 square feet of properties for sale, with an estimated market value of $949,000.

Sale prices for multi use buildings in Lorena, TX average $949,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 9,572
Population Growth (5Y) +10.6%
Median Household Income $106,012
College Educated 49.4%

High-Yield Neighborhoods for Investment

Identify Lorena submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
76655 $722K

Taxes & Financing

Tax Rate (average for all types) 1.51%
Property Tax per SF $31.51 per SF
Tax Rate vs County Average 0.41 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McLennan County

New Delisted

Total CRE Inventory on Market (SF)

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