10 Acres At Ritchie Rd And Chapel Rd Waco, TX 76712
- Land
- 10.98 lot acres
Current Use by Public Records
- Land
Property Details for 10 Acres At Ritchie Rd And Chapel Rd
- Lot size
- 10.98 lot acres
- Property type
- Land
Description
This exceptional 10.98-acre commercial land parcel presents a remarkable investment opportunity in Waco, Texas. Strategically located at the prime intersection of Ritchie Road and Chapel Road, this property offers unparalleled visibility and accessibility. Zoned O-3: Office Limited Commercial, it boasts significant frontage on both roads: approximately 675 feet on Ritchie Road and approximately 229 feet on Chapel Road. The high traffic counts on both roads—Ritchie Road averages over 5,400 vehicles daily (TxDOT 2022) and Chapel Road over 3,100 (TxDOT 2022)—ensure maximum exposure for any business. This property is situated within a ten-mile radius of approximately 186,279 residents, providing access to a substantial customer base. The owner will subdivide the land
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
- Waco
- County
- Mclennan
- State
- Texas
- Longitude
- -97.2526
- Latitude
- 31.456
