6510 Premier Dr Waco, TX 76712
This exceptional 1.19-acre commercial land parcel presents a unique investment opportunity in Waco, Texas. Situated at 6510 Premier Dr, in McLennan County, zip code 76712, this property boasts a prime location near Baylor/Scott & White and Hillcrest, offering excellent visibility and accessibility. The asking price is $311,000. This land is ideal for various commercial developments. The seller is open to exploring different development options, including design-build projects, build-to-lease agreements, or individual lot sales. This flexible approach allows for a customized development plan to suit specific business needs. Note that this particular lot is 1.19 acres, but the overall development offers a range of lot sizes, from 1.04 acres to 3.93 acres, with prices varying from $4.50 per square foot to $6.00 per square foot. The property's strategic location near established medical facilities and other amenities makes it an attractive proposition for businesses seeking a high-traffic area with strong potential for growth. This is a rare opportunity to acquire a well-positioned commercial lot in a thriving Texas market. The coordinates for the property are latitude 31.4867272 and longitude -97.1744569. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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