Current Use by Public Records
- Retail properties & Spaces
Property Details for 1822 Ritchie Rd
- Lot size
- 10.00 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
This exceptional 10-acre commercial property, located at 1822 Ritchie Road in Woodway, Texas (zip code 76712), presents a unique investment opportunity in McLennan County's rapidly expanding residential sector. The 1,678 square foot existing retail building sits on a level building site with prime road frontage on Ritchie Road. Utilities are available. The property's zoning would require a change to accommodate various development options, including a zero-lot line retirement community, a storage facility, or duplex construction. This location offers significant potential for developers seeking to capitalize on the high demand for residential projects in the thriving Waco, Texas market. The asking price is $1,960,200. This property offers a rare chance to participate in the dynamic growth of Waco's real estate landscape. Its strategic location and expansive size make it an ideal platform for a variety of lucrative development ventures. Don't miss this chance to secure a prime piece of land in a high-growth area.
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
- -97.2869
- Latitude
- 31.5348
