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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

Hewitt Tbd Hewitt Dr Waco, TX 76643

2.84 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.84-acre commercial lot, located on Hewitt Drive in Hewitt, Texas (zip code 76643), presents a remarkable opportunity for retail development. Zoned C-2 (General Commercial District), this property boasts over 400 feet of frontage on Hewitt Drive, ensuring high visibility and accessibility for any business. The site benefits from significant traffic counts, promising excellent exposure to potential customers. City of Hewitt water and sewer services are readily available, simplifying the development process. The strategic location is further enhanced by the presence of numerous large multi-family residential projects currently underway nearby, creating a substantial and growing customer base. The C-2 zoning designation specifically accommodates retail, service, and office uses of citywide and regional significance, making this property ideal for a variety of commercial ventures. This zoning allows for commercial activities beyond the restrictions of the C-1 district, offering greater flexibility for development plans. This prime location and favorable zoning regulations make this a truly exceptional investment opportunity.

Property profile
Verified
Property type Retail properties & Spaces
Lot 2.84 ac (123,710 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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