0 New Rd Waco, TX 76711
This exceptional commercial land offering presents a rare opportunity for developers seeking prime pad sites in Waco, Texas. Located on S New Road, this property boasts convenient access to Interstate 35, a major transportation artery, ensuring high visibility and easy accessibility for businesses. The site encompasses a generous area ranging from 0.96 to 2.05 acres, providing ample space for various development projects. The property is zoned C-2 & C-3, allowing for a wide range of commercial uses, making it suitable for a variety of businesses. Its strategic location places it within proximity to both new and established developments, offering a thriving commercial environment and strong potential for growth. This presents a unique chance to capitalize on the burgeoning commercial landscape of Waco, with the added benefit of build-to-suit opportunities. The property's size and zoning flexibility make it ideal for a variety of commercial ventures, from retail establishments to restaurants and office spaces. The convenient access to I-35 ensures excellent connectivity to the wider region, attracting a large customer base and facilitating efficient logistics. This is a truly exceptional opportunity to secure a prime commercial location in a rapidly growing market. The property is situated in McLennan County, Waco, Texas, with a zip code of 76711. The precise acreage will be determined upon final survey.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.