Property summary
This exceptional 82-acre (±) commercial land parcel presents a remarkable development opportunity in the thriving city of McGregor, Texas, and within the Waco extraterritorial jurisdiction (ETJ). The property is strategically located less than half a mile from McGregor's main highway and a grocery store, ensuring convenient access and high visibility. This area has experienced significant recent growth and development, indicating a strong and promising market for future projects. The property is zoned R, offering flexibility for a variety of residential or commercial development plans. The expansive lot size provides ample space for large-scale projects, catering to diverse development needs. Its proximity to essential amenities and its location within a rapidly expanding area make this an unparalleled investment opportunity for developers seeking high-return potential. The address is listed as TBD Johnson Dr, McGregor, TX 76657, with GPS coordinates of 31.4288212 latitude and -97.4166169 longitude. The asking price for this exceptional property is $2,870,000. This is a rare chance to acquire a substantial land holding in a dynamic and rapidly growing Texas market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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