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Property profile & analytics
OFF-MARKET
Land

1601 Valley Mills Dr Waco, TX 76711

Property ID
Property summary
AI-generated overview

This exceptional .95-acre commercial lot presents a unique investment opportunity in Waco, Texas. Located at 1601 S Valley Mills Dr, in the Beverly Hills area, this level lot boasts 400 feet of road frontage on the corner of Speight Ave and South Valley Mills Drive, ensuring high visibility and significant daily traffic. Its strategic location offers easy access to Interstate 35 and is just a few miles from Downtown Waco, providing excellent connectivity to the city's core and surrounding areas. Situated in rapidly developing McLennan County, this property is ideally suited for a variety of commercial uses, including but not limited to financial institutions, restaurants, and gas stations. The property is not located within a FEMA-designated floodplain, eliminating potential flood-related risks. With its substantial road frontage, high traffic counts, and proximity to major transportation arteries, this lot offers unparalleled exposure and potential for significant return on investment. The possibilities are extensive for businesses seeking a prominent presence in a thriving commercial area. This is a rare opportunity to acquire a prime commercial lot in a rapidly growing market. The zip code is 76711.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Supercuts Barber Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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