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    Nwc Of Ritchie Rd And Callan Blvd Lorena, TX 76655

    • Retail properties
    • 15,000 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 0 Nwc Of Ritchie Rd And Callan Blvd

    Year built
    2025
    Property size
    15,000 SF
    Property type
    Retail properties

    Description

    This exceptional retail opportunity is located at the Northwest corner of Ritchie Road and Callan Boulevard in Lorena, Texas, within McLennan County (zip code 76655). The property, known as Dollar Tree Plaza Waco, is a newly constructed (2025) retail center offering a total of 15,000 square feet across two suites. Currently, the entire 15,000 square feet is available for lease. Individual suites range from a minimum of 1,300 square feet to a maximum contiguous space of 7,500 square feet, providing flexibility for various business needs. The property sits on a generous 2.92-acre lot, ensuring ample parking and visibility for tenants. Its prime location at a major intersection guarantees high traffic volume and excellent exposure for businesses seeking a strong presence in the Waco area. This is an ideal location for retailers seeking a new, modern space in a growing market. The property's modern construction and convenient location make it an attractive option for businesses looking to establish or expand their operations. Contact us today to learn more about this exceptional retail leasing opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lorena
    County
    McLennan
    State
    Texas
    Longitude
    -97.2272
    Latitude
    31.4675

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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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