6 256.24 Acres On Ih 35 & Hwy Waco, TX 76706
This exceptional 256.24-acre tract presents a rare development opportunity in Waco, Texas. Strategically located at the northeast corner of Interstate 35 and Highway 6 (Loop 340), this property sits within a rapidly expanding commercial corridor. The surrounding area boasts a diverse mix of established businesses, including a Cinemark theater, Topgolf entertainment complex, Central Texas Marketplace, and a significant regional power center. Further enhancing its appeal, the property is adjacent to Legends Crossing, a thriving mixed-use development anchored by Baylor Scott & White Medical Center, and is near Waco Industrial Foundation land. This prime location offers unparalleled visibility and accessibility, making it perfect for a large-scale mixed-use development project. The property's size and location in McLennan County, with a Waco, TX 76706 zip code, provide ample space for a variety of uses, catering to the area's growing population and economic activity. The property is classified as agricultural land, offering flexibility for future development plans. This is a unique chance to acquire a substantial land parcel in one of Waco's most dynamic and high-growth areas. Detailed surveys and site plans are available upon request.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.