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Property profile & analytics
OFF-MARKET
Land

6401 Premier Dr Waco, TX 76712

2.63 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.63-acre commercial land parcel is ideally situated in Waco, Texas, at 6401 Premier Dr, 76712, within McLennan County. Priced at $631,000, this property presents a compelling investment opportunity for developers seeking a strategic location. Its proximity to Baylor/Scott & White and Hillcrest hospitals makes it highly attractive for medical-related businesses or those seeking to capitalize on the significant foot traffic and established infrastructure in the area. The developer is open to various development scenarios, including design-build projects, build-to-lease agreements, or individual lot sales, offering flexibility to potential buyers. While this specific lot encompasses 2.63 acres, it's important to note that the overall development offers a range of lot sizes, varying from 1.04 acres to 3.93 acres, with prices ranging from $4.50 per square foot to $6.00 per square foot, depending on the specific lot selected. This prime location and adaptable development options make this property a rare find in the Waco commercial real estate market. The property's coordinates are 31.489671 latitude and -97.1724999 longitude. Serious inquiries are encouraged.

Property profile
Verified
Property type Land
Lot 2.63 ac (114,563 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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