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Property profile & analytics
OFF-MARKET
Land

IH35 S Elm Mott, TX 76640

27.65 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 27.65-acre vacant land parcel presents a remarkable development opportunity in Elm Mott, Texas. Strategically located on the northbound IH-35 service road and Lincoln City Road, this property boasts unparalleled visibility and accessibility with over 90,000 vehicles passing daily. Situated within the Waco extraterritorial jurisdiction (ETJ), it offers the advantage of no zoning restrictions, providing flexibility for a wide range of development projects. Water access is available on-site, and the property is easily divisible, catering to various development scales. The surrounding area shows significant growth, with recent additions including a new Road Ranger and industrial buildings to the south, and an established industrial park and RV campground to the north. This prime location offers exceptional potential for businesses seeking high visibility and convenient access to major transportation routes. The property's size and location make it ideal for a variety of uses, from industrial development to commercial ventures. This is a rare opportunity to acquire a substantial land parcel in a rapidly developing area with excellent infrastructure and high traffic counts. The property's location within the ETJ of Waco ensures a streamlined development process.

Property profile
Verified
Property type Land
Lot 27.65 ac (1,204,434 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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