0 China Spg Rd And Scott Ln Waco, TX 76708
This exceptional 7.809-acre commercial land parcel presents a remarkable investment opportunity in the thriving Waco, Texas market. Located at the intersection of China Spring Road and Scott Lane, this property boasts a highly desirable Planned Unit Development (PUD) zoning designation, offering considerable flexibility for a variety of commercial uses. The land is priced at $10 to $15 per square foot, reflecting its strategic location and development potential. The site's accessibility is further enhanced by its proximity to a newly expanded highway, ensuring excellent visibility and convenient access for businesses and customers. The property's configuration allows for division, providing options for smaller-scale development or the potential for multiple commercial ventures. Two drive cuts are permitted, facilitating efficient site access and traffic flow. Situated in McLennan County, with a Waco, TX 76708 zip code, this property is ideally positioned within a growing area, promising strong returns for discerning investors. This is a rare opportunity to acquire a sizable, well-located commercial land parcel with significant development potential in a dynamic Texas market. The PUD zoning allows for a range of commercial projects, making this an attractive option for developers and investors seeking a versatile and strategically positioned asset.
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
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.