865 Hewitt Dr Hewitt, TX 76643
This exceptional 1.5-acre commercial land parcel presents a unique build-to-suit or ground lease opportunity in the thriving city of Hewitt, Texas. Located adjacent to the newly developed Prestige Plaza retail center on South Hewitt Drive, this highly visible lot offers unparalleled access to a dense population base. Prestige Plaza, home to established businesses such as J Petal Poke and Billy Bob's Burgers Bar & Grill, serves as a testament to the area's strong retail demand. The property's proximity to the Hewitt Post Office and Interstate 35 ensures high traffic volume and excellent accessibility for potential customers. This versatile land is ideal for the development of a retail strip center, mirroring the successful model of Prestige Plaza, and allows for complete customization to meet specific business needs. The lot's size and location provide ample space for a variety of retail concepts, catering to the significant needs of both the Hewitt and greater Waco communities. This is a rare chance to establish a business in a rapidly growing area with exceptional visibility and convenient access. Inquire today to explore the possibilities of developing your ideal retail space in this prime location. The lot is situated 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.
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.