6500 Premier Dr Woodway, TX 76712
This exceptional 2.95-acre commercial land parcel is ideally situated in Woodway, Texas, at 6500 Premier Dr, zip code 76712, within McLennan County. Priced at $707,000, this property presents a unique opportunity for developers seeking prime real estate in a thriving area. The location offers excellent proximity to Baylor/Scott & White and Hillcrest, ensuring high visibility and accessibility. The seller is open to various development scenarios, including design-build projects, build-to-lease agreements, or individual lot sales. While this specific parcel encompasses 2.95 acres, it's important to note that the overall development offers lot sizes ranging from 1.04 acres to 3.93 acres, with prices varying from $4.50 per square foot to $6.00 per square foot, depending on the selected lot. This presents flexibility for various project scales and budgets. The property's strategic location and adaptable development options make it an attractive investment for those seeking a strong return in a desirable Texas market. This is a rare opportunity to acquire a substantial land holding in a high-growth area with established medical facilities nearby. Contact us today to learn more about this exciting development opportunity.
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.