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Property profile & analytics
OFF-MARKET
Land

914 Valley Mills Dr Waco, TX 76711

3.08 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.08-acre commercial land parcel presents a unique investment opportunity in Waco, Texas. Located at 914 S Valley Mills Dr, in McLennan County, zip code 76711, this property is zoned for commercial use and offers significant potential for various business developments. The site benefits from its high-traffic location on S Valley Mills Drive, with approximately 32,583 vehicles passing daily, ensuring excellent visibility and accessibility for any business. The land is part of the Floyd Casey redevelopment project, a vibrant mixed-use development incorporating walking trails, a city park, and nearby residential areas, creating a thriving and attractive community. The price per square foot for this land ranges from $15 to $20, offering flexibility for various development plans. Subdividing options are available, with pricing adjusted based on the final configuration. This is a rare chance to acquire land in a dynamic area experiencing substantial growth, making it an ideal investment for developers seeking a prime location in a rapidly developing community. The property's strategic location and the ongoing redevelopment efforts make it a compelling investment opportunity with significant long-term growth potential.

Property profile
Verified
Property type Land
Lot 3.08 ac (134,165 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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