I-35 N Lacy Lakeview, TX 76705
This exceptional 1.184-acre vacant land parcel presents a remarkable development opportunity in Waco, Texas. Strategically located on North I-35, this property boasts exceptional visibility and accessibility, placing it within minutes of downtown Waco. The lot is zoned for Business District use, opening doors to a wide array of commercial ventures. With a land value of $16 per square foot, the asking price is $825,201. The property's prime location is further enhanced by its proximity to established businesses, including H-E-B, Sam's Club, Great Clips, Subway, and numerous banks and hotels. This high-traffic area ensures significant exposure for any development. The 1.184-acre size offers ample space for a variety of commercial projects, making it an ideal investment for developers seeking a high-impact location in a thriving Texas market. The property is situated in McLennan County, Lacy Lakeview, Texas, with a zip code of 76705. This location offers easy access to major transportation routes and a strong local economy. Don't miss this chance to acquire a premier commercial property in a rapidly growing area.
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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.