1300 Lake Shore Dr Waco, TX 76708
- Commercial land
- 2.11 lot acres
Current Use by Public Records
- Commercial land
Property Details for 1300 Lake Shore Dr
- Lot size
- 2.11 lot acres
- Zone code
- CS
- Property type
- Commercial land
- APN
- 480230040005026
- APU
- 480230040005026
Description
This exceptional 2.114-acre commercial land parcel presents a unique investment opportunity in Waco, Texas. Located at 1300 Lakeshore Drive, this rectangular lot boasts approximately 260 feet of frontage on Lakeshore Drive and approximately 320 feet of frontage on College Drive, providing excellent visibility and accessibility. The property's strategic location at the gateway to McLennan Community College ensures high traffic volume and proximity to a large population base. Zoned C-2: Community Commercial, this site allows for a diverse range of retail and office developments. City of Waco utilities are readily available. The property's size (92,107.62 square feet) offers ample space for various commercial ventures. The Waco Metropolitan Statistical Area boasts a population exceeding 270,000, providing a substantial customer base. Conveniently situated approximately 90 miles south of the Dallas/Fort Worth area and about 100 minutes north of Austin, this location offers easy access to major Texas metropolitan areas. Lakeshore Drive experiences over 19,000 vehicles per day (TxDOT 2019 data). The 2020 property taxes were $6,734.44. The asking price for this prime commercial land is $1,151,345. The APN is 177383.
Value Estimation
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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
- -97.1749
- Latitude
- 31.5934
- CBSA code
- 47380
- CBSA name
- WACO, TX METROPOLITAN STATISTICAL AREA
