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Property profile & analytics
OFF-MARKET
Land

0 Ih35 & Waco Dr Waco, TX 76705

2.04 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.042-acre commercial land parcel presents a remarkable investment opportunity in Waco, Texas. Strategically located at the hard corner of Interstate 35 and Waco Drive (Highway 84), this property boasts unparalleled visibility and accessibility, benefiting from high traffic counts on major thoroughfares. The C-5 zoning permits a wide range of commercial and industrial uses, making it ideal for various development projects. Its prime location offers convenient access to Baylor University, the popular Magnolia Silos, and downtown Waco, ensuring high foot traffic and strong consumer demand. Neighboring businesses include established names such as H-E-B, Sam's Club, Comfort Suites, Collin Street Bakery, and Denny's, further solidifying the area's commercial viability. The asking price is $1,868,489, with a land value of $21 per square foot. This property's exceptional location, high visibility, and flexible zoning make it an attractive proposition for developers seeking a high-impact investment in a thriving Texas market. The 76705 zip code and McLennan County location provide further context for this significant commercial real estate opportunity. Don't miss this chance to acquire a truly exceptional piece of Waco's commercial landscape.

Property profile
Verified
Property type Land
Lot 2.04 ac (88,950 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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