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Property profile & analytics
OFF-MARKET
Land

0 16.11 Acres Steinbeck Bnd Rd Waco, TX 76708

16.11 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 16.113-acre commercial land parcel presents a unique investment opportunity in Waco, Texas. Strategically located at the corner of Steinbeck Bend Road and Rock Creek Road in the desirable Bosqueville Independent School District (ISD), this property boasts an impressive 1,400 feet of road frontage, significantly enhanced by a lighted intersection ensuring maximum visibility for any development. The expansive acreage offers considerable potential for a variety of projects. The property's zoning is dual-purpose, designated as both C-2 and R-3B. This versatile zoning allows for a wide range of development options, including but not limited to multi-family residential complexes and various commercial ventures. The location within the ISD adds to its appeal, providing access to established community infrastructure and services. The asking price for this exceptional property is $1,500,000. Given its size, location, zoning, and visibility, this land represents a compelling investment opportunity for developers seeking a high-impact project in a thriving Texas market. The property's address is 16.11 Acres Steinbeck Bend Rd, Waco, TX 76708.

Property profile
Verified
Property type Land
Lot 16.11 ac (701,882 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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