4800 Bagby Ave Waco, TX 76711
This exceptional 2.154-acre commercial lot is ideally situated at the southeast corner of Bagby Avenue and New Road in Waco, Texas, offering unparalleled visibility and accessibility. Zoned C-2, this platted lot boasts readily available water and sewer connections, simplifying development. A pre-installed driveway provides convenient access, even sharing a crossover with a neighboring 7-Eleven convenience store. The property's strategic location provides easy access to major thoroughfares, including Highway 6 and Interstate 35, ensuring high traffic volume and excellent exposure. According to TxDOT traffic counts, New Road sees an estimated 20,524 vehicles daily, while Bagby Avenue averages 15,467. The surrounding area is characterized by established businesses, including the Waco ISD Joint-Use Stadium, Amy's Attic Self-Storage, and KXXV 25 ABC News, creating a vibrant and desirable commercial environment. The asking price is $1,407,424, with a land value of $15 per square foot. This presents a remarkable opportunity for investors and developers seeking a high-traffic, well-located parcel in a thriving Texas city. The property's size and location make it suitable for a wide range of commercial developments.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.