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Property profile & analytics
OFF-MARKET
Land

6510 Premier Dr Waco, TX 76712

1.19 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.19 ac (51,836 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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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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