I-35 And Bellmead Dr Waco, TX 76705
This exceptional commercial land offering presents two adjoining retail pad sites totaling 2.45 acres, ideally situated just off I-35 North in Waco, Texas. The property boasts a highly desirable location next to established businesses such as Sam's Club and Denny's, ensuring high visibility and convenient access for potential tenants. The two lots, measuring 1.023 acres and 1.425 acres respectively, are available for purchase individually or as a combined package, providing flexibility for various development scenarios. The land is zoned B-2, allowing for a wide range of commercial uses. Existing infrastructure includes readily available water and sewer access, simplifying the development process. Furthermore, the property benefits from up to two dedicated access easements, ensuring convenient ingress and egress. The asking price for the entire 2.45-acre parcel is $395,000, representing a land value of $3.70 per square foot. This presents a compelling investment opportunity in a thriving Waco market, with significant potential for substantial returns. The property's strategic location and existing infrastructure make it an attractive proposition for developers seeking a prime location for retail or commercial development. The address is 2.448 Acres I-35 N and Bellmead Drive, Waco, TX 76705, in McLennan County.
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
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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
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