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    Callan Blvd Lorena, TX 76655
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    Property profile & analytics

    Callan Blvd, Lorena, TX 76655

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    • Land
    • 6.67 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Callan Blvd

    Lot size
    6.67 lot acres
    Property type
    Land

    Description

    This exceptional 6.67-acre commercial land parcel presents a unique investment opportunity in the rapidly growing West Waco area of Lorena, Texas. Strategically situated at the intersection of Panther Way and Ritchie Road, this property benefits from its prime location at the entrance to the burgeoning Callan Village community (currently under construction). The recent upgrade of Ritchie Road to an arterial connector between Highway 84 and Interstate 35 significantly enhances accessibility and visibility. This area is experiencing explosive residential growth, with thousands of new homes already built and many more planned, creating a substantial and expanding customer base. Zoned PUD-Commercial, this 6.67-acre tract is divisible, offering flexibility for various development scenarios. Ideal uses include retail establishments, office spaces, restaurants, or financial services, catering to the significant population increase in the immediate vicinity. The property's location at the gateway to Callan Village ensures high visibility and convenient access for potential businesses. This is a rare opportunity to capitalize on the remarkable growth trajectory of West Waco and secure a prominent position within this thriving community. The property is located in McLennan County, Texas, with a Waco mailing address and 76655 zip code.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Lorena
    County
    McLennan
    State
    Texas
    Longitude
    -97.2285
    Latitude
    31.4671
    More about this property
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