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Property profile & analytics
OFF-MARKET
Land

0 Steinbeck Bend Dr Waco, TX 76708

5.24 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.237-acre commercial land parcel presents a remarkable development opportunity in Waco, Texas. Located on Steinbeck Bend Dr, this property boasts approximately 354 feet of road frontage, offering excellent visibility and accessibility. Zoned C-3 & R-1B, the site allows for a variety of commercial and residential uses, making it highly versatile. Its strategic location offers convenient access to major thoroughfares, with Interstate 35 just three miles away. The property's proximity to popular attractions adds significant value. Neighbors include the renowned Hawaiian Falls Water Park, Camp Fimfo, and the Waco Regional Tennis Center, ensuring high traffic and visibility. The seller is open to subdividing the land, providing flexibility for various development plans. This is a rare chance to acquire a substantial tract of land in a thriving area with immense potential for growth and return on investment. The property is situated in McLennan County, Waco, Texas, zip code 76708.

Property profile
Verified
Property type Land
Lot 5.24 ac (228,124 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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