35 Service Rd Lorena, TX 76655
- Land
- 5.00 lot acres
Current Use by Public Records
- Land
Property Details for 35 Service Rd
- Lot size
- 5.00 lot acres
- Property type
- Land
Description
This ±5-acre commercial land parcel presents a unique investment opportunity in Lorena, Texas. Strategically located on I-35 Service Road, this property offers exceptional visibility and accessibility. Zoned as Interstate 35 Planned Corridor District by the City of Lorena, it allows for diverse commercial and mixed-use development options. The site boasts readily available electricity and city water services, simplifying development plans. While sewer is not currently available, the property's location near Waco and its proximity to I-35 provide significant advantages for businesses seeking high traffic exposure. The seller is open to dividing the tract, offering flexibility for buyers seeking smaller acreage. This ±5-acre parcel (approximately 217,800 square feet) is part of a larger ±117-acre tract, with other sizes (15 and 10 acres) also available. The property's strategic positioning along I-35, a major transportation artery, ensures strong potential for future growth and return on investment. This is an ideal location for retail, hospitality, or industrial projects, capitalizing on the expanding Lorena market and the planned development along I-35. The property's size and zoning make it an attractive option for developers and investors seeking a foothold in this thriving Texas community. The location offers easy access to the major transportation routes of I-35, connecting Lorena to Waco and beyond.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lorena
- County
- McLennan
- State
- Texas
- Longitude
- -97.202
- Latitude
- 31.4075
