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Property profile & analytics
OFF-MARKET
Land

150 Garden Dr Waco, TX 76706

5.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.499-acre vacant land parcel presents a rare opportunity for development in Waco, Texas. Strategically located at 150 E Garden Dr, in McLennan County, zip code 76706, this property boasts an impressive 815+ feet of frontage along University Parks Drive. Its prime location is surrounded by multi-family residential developments on the west side of Baylor University, making it ideally suited for a variety of high-demand projects. The expansive lot size offers significant potential for developers seeking to capitalize on the thriving Waco real estate market and its proximity to a major university. The address is easily accessible via established roadways, ensuring convenient access for residents and businesses alike. This exceptional site represents one of the last remaining prime development opportunities in this highly sought-after area. Detailed site plans and surveys are available upon request. This is a unique chance to acquire a substantial piece of land with significant development potential in a rapidly growing Texas city. The property's location offers unparalleled access to the vibrant energy of Baylor University and its surrounding community. Don't miss this chance to secure a piece of Waco's future.

Property profile
Verified
Property type Land
Lot 5.5 ac (239,536 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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