2.44 Acres Chapel Rd Lorena, TX 76712
- Land
- 2.44 lot acres
Current Use by Public Records
- Land
Property Details for 0 2.44 Acres Chapel Rd
- Lot size
- 2.44 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 2.44-acre agricultural property in Waco, Texas, presents a compelling development opportunity. Located in McLennan County, zip code 76712, the land boasts significant frontage on both Chapel Road (approximately 283 feet) and Lost Trail Drive (approximately 350 feet), ensuring high visibility and excellent access. The property is zoned O-1 and O-2, offering versatility for various uses. Its strategic location near schools, residential areas, retail, and multi-family developments, less than half a mile from Hewitt Drive, places it within West Waco's thriving growth corridor. The site's size and zoning allow for potential division, making it suitable for a range of development projects. This prime location combines high visibility, convenient access, and flexible zoning, creating an ideal investment opportunity in a rapidly developing area. The property is situated at 31.48435547 latitude and -97.21668632 longitude. The land value is $8.50 per square foot.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lorena
- County
- McLennan
- State
- Texas
- Longitude
- -97.2167
- Latitude
- 31.4844
