Technical
Financial
Distress signals
Property profile

0 I-35 & Bagby Ave Hewitt, TX 76712

OFF-MARKET
Land
152.71 ac lot
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Property summary

AI-generated overview

This exceptional 152.71-acre tract presents a unique opportunity for commercial or industrial development in Hewitt, Texas. Strategically located near the intersection of I-35 and Bagby Avenue in Waco, this property boasts approximately 1,800 feet of frontage along Interstate 35, providing unparalleled highway access. The M2 zoning allows for a wide range of development possibilities. Future development plans include the extension of Gateway Boulevard from Bagby Avenue to I-35, creating additional access points and direct connectivity to the Waco Industrial Park. The property's size allows for divisibility, catering to various project scales. Furthermore, the City of Waco provides water and sewer services, with all impact fees waived, significantly reducing development costs. The location also benefits from access to a competitively priced labor pool. This is an ideal site for businesses seeking a prominent location with excellent infrastructure and accessibility in a thriving Texas market. The property is available for sale, build-to-suit, or design-build projects, offering flexibility to meet specific development needs.

Property profile

Verified
Property type Land
Lot 152.71 ac (6,652,048 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

I-35 & Bagby Ave Hewitt, TX 76712
Hewitt metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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