0 2.84 Acres Hewitt Dr Waco, TX 76643
This exceptional 2.84-acre parcel of vacant land presents a prime opportunity for commercial development in Hewitt, Texas. Located on Hewitt Drive, the property boasts over 400 feet of road frontage, ensuring excellent visibility and accessibility for any business. The site is zoned for convenience stores with fuel, capitalizing on the high traffic counts in this thriving area. City of Hewitt water and sewer services are readily available, simplifying the development process. The strategic location benefits from significant nearby residential density, with several large multi-family projects currently underway, creating a robust customer base. The C-2 zoning designation allows for a wide range of commercial uses, including retail, service, and office spaces, catering to citywide and regional needs. This zoning specifically accommodates commercial activities beyond the scope of the C-1 district, offering greater flexibility for development. This property represents a rare chance to establish a successful commercial venture in a rapidly growing community. The easily accessible location and high visibility make this an ideal investment for developers seeking a strong return. The substantial acreage and prime location combine to create a compelling opportunity for significant commercial growth.
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
Similar Nearby for Lease
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.