Current Use by Public Records
- Land
Property Details for 2305 New Rd
- Lot size
- 1.23 lot acres
- Property type
- Land
Description
This exceptional 1.23-acre commercial pad site in Waco, Texas, presents a remarkable development opportunity. Located at 2305 S New Rd, Waco, TX 76711 (APN 411268), this property boasts a highly desirable C3 zoning designation, allowing for a wide range of commercial and retail uses. Its strategic location offers direct access to New Road and excellent proximity to Interstate Highway 35, benefiting from significant traffic counts: 91,585 AADT on I-35 and 19,741 AADT on Robert S Light Blvd. The site is situated in a thriving retail area, adjacent to established businesses such as QuikTrip and the new Northern Tool store, within the Cottonwood Creek Market Area. Utilities, including water and sewer, are readily available at the property line. This shovel-ready pad site is priced at $1,232,000 and represents an ideal investment in Waco's dynamic commercial real estate market. The property's high visibility and convenient access make it an attractive proposition for developers seeking a prime location for a new commercial venture. This is a rare opportunity to capitalize on Waco's growth and establish a presence in a high-traffic, high-demand area. The 1.23-acre lot size provides ample space for development, ensuring flexibility in design and construction.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waco
- County
- McLennan
- State
- Texas
- Longitude
- -97.1499
- Latitude
- 31.5079
