Hewitt Tbd Hewitt Dr Waco, TX 76643
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.
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.