84 Tbd Hwy McGregor, TX 76657
- Land
- 12.46 lot acres
Current Use by Public Records
- Land
Property Details for 84 Tbd Hwy
- Lot size
- 12.46 lot acres
- Property type
- Land
Description
Exceptional 12.463-acre vacant land parcel ideally situated on Highway 84 between Waco and McGregor, Texas. This prime development opportunity boasts 393 feet of highway frontage, ensuring high visibility and accessibility. Located within the Waco extraterritorial jurisdiction (ETJ), the property is free from zoning restrictions, offering maximum flexibility for a diverse range of development projects. A significant advantage is the existing infrastructure: one water meter and one curb cut are already in place, streamlining the development process and reducing initial costs. The high-traffic location, with a reported 23,356 vehicles per day according to TxDOT data, guarantees substantial exposure and potential for commercial success. The property's address is TBD W HWY 84, McGregor, TX 76657, in McLennan County. This presents a rare chance to capitalize on the growth of the Waco and McGregor areas, making it an attractive investment for developers seeking a strategic location with minimal regulatory hurdles. The land is priced at $3.25 per square foot.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- McGregor
- County
- McLennan
- State
- Texas
- Longitude
- -97.3393
- Latitude
- 31.4683
