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0 New Rd Waco, TX 76708

OFF-MARKET Land Google Maps
3.99 ac lot
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 3.99-acre vacant land parcel in Waco, Texas, presents a compelling investment opportunity. Located in McLennan County, with a 76708 zip code, the property boasts a highly desirable C-2 zoning designation, opening doors to a wide range of commercial development possibilities. Its strategic location offers unparalleled convenience, situated near the intersection of major thoroughfares, providing easy access to Interstate 35 and Highway 6. This prime location also places the property in close proximity to key regional destinations, including Baylor Scott & White Hospital, the Central Texas Marketplace, and the Veterans Hospital, ensuring high visibility and strong potential for attracting customers and employees. The expansive lot size offers flexibility, with the possibility of subdivision to accommodate multiple projects or tailored development plans. The asking price is $1,700,000. Detailed site plans and zoning information are readily available upon request. This is a rare chance to acquire a significant tract of land in a thriving Texas market with exceptional growth potential. Don't miss this opportunity to secure a piece of Waco's vibrant commercial landscape.

Property profile

Verified
Property type Land
Lot 3.99 ac (173,804 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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