906 Ih-35 Waco, TX 76705
This exceptional 34,616 square foot vacant commercial land parcel is ideally situated on the I-35 frontage road in Waco, Texas, offering unparalleled visibility and accessibility. Priced at $625,000 ($18.05/SF), this C-3 zoned property presents a remarkable investment opportunity. Its prime location at the Waco Drive exit places it directly across the highway from H-E-B and adjacent to a Comfort Suites hotel, ensuring high traffic volume and excellent brand exposure. The property boasts convenient access from both the I-35 frontage road and Faulkner Lane, providing easy ingress and egress. Furthermore, its proximity to Baylor Stadium and downtown Waco (within 2 miles) adds significant value. Existing utilities are readily available on-site, courtesy of the City of Waco, simplifying development plans. Nearby established businesses include H-E-B, Sam's Club, and Comfort Suites, indicating a thriving commercial environment. This property is ready for immediate development, making it an exceptional opportunity for investors seeking high-impact commercial real estate in a rapidly growing Texas market. The property's size, location, and zoning make it suitable for a variety of commercial uses.
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.