0 Tbd Ritchie Rd Lorena, TX 76643
This exceptional 5.53-acre vacant land parcel presents a compelling development opportunity in Hewitt, Texas, specifically located on TBD Ritchie Rd, zip code 76643. Situated in McLennan County, this property boasts prime visibility due to its advantageous corner location within a high-growth area. The land is zoned C-2, a designation that accommodates a wide range of commercial uses of citywide and regional significance. Permitted uses under this zoning include, but are not limited to, retail establishments, service businesses, office spaces, convenience stores with fuel, hotels, restaurants, automotive businesses, and self-storage facilities. This flexibility makes it an ideal site for various commercial ventures. The property's size and zoning provide significant potential for developers seeking to capitalize on the area's expanding commercial sector. The asking price for this exceptional development opportunity is $1,455,843. This location offers easy access to major transportation routes and is surrounded by a thriving community. Serious inquiries are encouraged.
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
Similar Nearby for Sale
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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.