914 Valley Mills Dr Waco, TX 76711
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.