0 Steinbeck Bend Dr Waco, TX 76708
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.