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Property profile & analytics
OFF-MARKET
Land

4800 Bagby Ave Waco, TX 76711

2.15 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.15 ac (93,828 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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