Current Use by Public Records
- Land
Property Details for 0 Ih-35
- Lot size
- 15.00 lot acres
- Property type
- Land
Description
This exceptional ±15-acre commercial land parcel presents a unique investment opportunity in Lorena, Texas. Strategically located off Interstate 35, just 13 miles south of Waco, this property offers unparalleled access to major transportation routes. Zoned as Interstate 35 Planned Corridor District by the City of Lorena, it allows for diverse development options, including retail, hospitality, or industrial projects. The site boasts readily available electricity and municipal water services provided by the City of Lorena. While sewer is not currently available, the existing infrastructure facilitates efficient development. The seller is open to dividing the tract, offering flexibility to acquire portions ranging from ±5 acres to the entire ±117-acre tract. This prime location benefits from the growing economic opportunities in Lorena and the planned development along I-35, making it an ideal investment for developers and investors seeking a strategic foothold in a thriving Texas market. The approximate size of this specific parcel is 653,400 square feet. This presents a compelling opportunity to capitalize on the area's growth potential and create a successful commercial venture. Consider the potential for a range of commercial and mixed-use developments, taking advantage of the property's excellent connectivity and strategic positioning.
Value Estimations
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AI approach
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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
- -97.1999
- Latitude
- 31.4103
