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Property profile & analytics
OFF-MARKET
Land

0 China Spg Rd And Scott Ln Waco, TX 76708

7.81 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 7.81 ac (340,160 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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