0 China Spg Rd & Steinbeck Bnd Waco, TX 76708
This exceptional 1.01-acre commercial land parcel presents a remarkable investment opportunity in Waco, Texas. Strategically located at the intersection of China Spring Road and Steinbeck Bend, this property boasts unparalleled access and visibility, making it ideal for a wide range of commercial ventures. The lot is zoned C-3, offering flexibility for various business types. With a land value of $6 per square foot, this represents a compelling price point for a property of this size and location in a thriving market. The address is 76708, within McLennan County. The property's expansive size and prime location provide significant potential for development and growth. Its high visibility ensures substantial exposure to a large volume of daily traffic, maximizing the potential for attracting customers and clients. This is a rare opportunity to acquire a well-situated commercial lot in a rapidly developing area of Waco. Don't miss out on this chance to secure a piece of prime real estate in a dynamic and growing Texas market. The asking price is $264,000.
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.