Current Use by Public Records
- Land
Property Details for 914 Valley Mills Dr
- Lot size
- 3.89 lot acres
- Property type
- Land
Description
This exceptional 3.89-acre commercial land parcel presents a remarkable investment opportunity in Waco, Texas. Located on South Valley Mills Drive, this property boasts unparalleled visibility and accessibility, with an estimated 32,582 vehicles passing daily in 2022. Zoned for commercial use, this site is ideal for a variety of developments, benefiting from its high-traffic location and proximity to the expanding Floyd Casey redevelopment project. The project will integrate this land into a vibrant urban community, complete with walking trails, a city park, and nearby residential areas, ensuring a thriving environment for any business. The land is part of a larger development allowing for potential subdivision, with pricing adjusted accordingly based on the final configuration. This presents a unique chance to establish a presence in a rapidly growing area with significant long-term potential. The land's size and location offer flexibility for various commercial ventures, capitalizing on the high daily traffic count and the overall revitalization of the surrounding area. This is a rare opportunity to secure a prominent position within a dynamic and expanding Waco community. The land value is priced between $15 and $20 per square foot.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waco
- County
- McLennan
- State
- Texas
- Longitude
- -97.1501
- Latitude
- 31.5262
