0 Mcgregor Dr, McGregor, TX 76657
This exceptional 1.01-acre commercial land parcel presents a remarkable investment opportunity in the thriving town of McGregor, Texas. Located on W McGregor Drive, this property boasts excellent visibility from a major highway, ensuring high traffic exposure for any future development. The zoning is designated GC, allowing for a variety of commercial uses. Its strategic location offers easy access to downtown McGregor and is conveniently situated less than 20 miles from the bustling city of Waco. The property's proximity to major businesses and amenities further enhances its appeal. Nearby establishments include Space-X, Brookshire Brothers grocery store, Dairy Queen, O'Reilly Auto Parts, Dollar General, and Subway, providing a strong existing commercial infrastructure and a substantial customer base. This prime location offers significant potential for a wide range of commercial ventures, making it an ideal investment for entrepreneurs and developers seeking a high-visibility site in a growing Texas community. The asking price for this exceptional property is $195,000. The lot size is precisely 1.01 acres, providing ample space for development. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly developing area. Don't miss out on this chance to secure a piece of McGregor's vibrant commercial landscape.
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.