0 16.11 Acres Steinbeck Bnd Rd Waco, TX 76708
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.
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
Similar Nearby for Sale
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.