Ritchie Rd Waco, TX 76701
- Land
- 9.70 lot acres
Current Use by Public Records
- Land
Property Details for 0 Ritchie Rd
- Lot size
- 9.70 lot acres
- Property type
- Land
Description
This exceptional 9.696-acre commercial land parcel in Waco, Texas, presents a unique investment opportunity. Located on Ritchie Road in McLennan County, zip code 76701, the property boasts significant frontage along Ritchie Road (approximately 1,300 feet), Panther Way (±415 feet), and Old Ritchie Road (1,180 feet). Currently zoned R1-B Residential, a proposed zoning change to O-2 Office is underway, opening doors to diverse development possibilities. All utilities are readily available on-site. The property's strategic location offers excellent visibility and accessibility, further enhanced by Panther Way's high traffic volume exceeding 2,500 vehicles daily (TxDOT 2022 data). Its proximity to Hewitt Drive and Interstate 35 (within a 15-minute drive) ensures convenient access to major transportation arteries. The substantial acreage allows for subdivision, making it ideal for a single-family residential development or a thriving office complex. This is a blank canvas for a high-growth area, ready for your vision. The asking price is $2,745,325.44.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waco
- County
- McLennan
- State
- Texas
- Longitude
- -97.1386
- Latitude
- 31.5517
