0 I-35 & Bagby Ave Hewitt, TX 76712
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.