6 And Fm 185 Waco, TX 76710
This exceptional commercial development opportunity encompasses approximately 21.719 acres of land strategically located at the intersection of Highway 6 and FM 185 in Waco, McLennan County, Texas, zip code 76710. The property is zoned Waco ETJ and is subdivided into ten (10) lots ranging in size from 1.26 to 6.52 acres, providing flexibility for various development projects. Each lot offers significant frontage on either Highway 6 or FM 185, boasting approximately 425 feet of frontage on each road. This high-visibility location benefits from substantial daily traffic counts, exceeding 20,628 vehicles on Highway 6 and over 8,945 vehicles on FM 185, according to 2023 TxDOT data. Utilities are readily available, including water from the North Bosque Water Supply and electricity from Oncor. This prime location presents a unique chance to capitalize on the high traffic volume and visibility for a variety of commercial ventures. The land value is priced between $10 and $15 per square foot. This property is ideal for developers seeking a strategic location with excellent access and high visibility in a growing Texas market.
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
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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.