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Property profile & analytics
OFF-MARKET
Land

I-35 And Bellmead Dr Waco, TX 76705

2.45 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 2.45 ac (106,722 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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