2425 Market Place Dr Waco, TX 76711
- Land
- 3.34 lot acres
Current Use by Public Records
- Land
Property Details for 2425 Market Place Dr
- Lot size
- 3.34 lot acres
- Property type
- Land
Description
This exceptional 3.338-acre commercial land parcel presents a remarkable development opportunity in a thriving area of Waco, Texas. Located at 2425 Marketplace Drive, this C2-zoned property boasts convenient access to major highways, ensuring excellent visibility and accessibility. Utilities are readily available at or near the site, streamlining the development process. The property's strategic location places it in close proximity to a wealth of amenities, including Cabela's, Topgolf, a Cinemark movie theater, and numerous retail and dining establishments. Furthermore, its proximity to significant employment centers such as Baylor Scott White medical campus, Amazon, Tractor Supply, and Baylor University guarantees a robust and growing potential customer base. Permitted uses for this high-traffic area include hotels, multifamily residential, garden office spaces, and retail developments, offering considerable flexibility for diverse projects. With Waco's population exceeding 142,000 and experiencing rapid growth, this development site represents a compelling investment in a dynamic and expanding Texas city. The asking price for this exceptional opportunity is $895,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waco
- County
- McLennan
- State
- Texas
- Longitude
- -97.1581
- Latitude
- 31.5005
