1500 Primrose Dr Waco, TX 76706

Property Details for 1500 Primrose Dr

Year built

2000

Construction

STEEL FRAME

Lot size

2.17 lot acres

Property size

8,480 SF

Zone code

R1B

Property type

Commercial real estate

APN

480220100001040

APU

480220100001040

Description

This exceptional 4.5-acre commercial land parcel presents a unique investment opportunity in Waco, Texas. Ideally situated at 1500 Primrose Dr, 76706, this property boasts an M-2 zoning designation, allowing for a wide range of commercial development possibilities. Its prime location offers unparalleled convenience, situated just down the street from Baylor University and Magnolia Table, ensuring high visibility and accessibility. The property's proximity to major thoroughfares like I-35 and Highway 6 further enhances its strategic value, providing easy access for both customers and employees. The land is easily divisible, offering flexibility for potential buyers. Specifically, the property can be purchased as a whole or divided into two distinct parcels: Lot 1, encompassing 2.319 acres, and Lot 2, comprising 2.181 acres. Each lot offers significant development potential, catering to a variety of commercial ventures. The land is priced at $2.35 per square foot, representing a compelling value proposition in this thriving Texas market. This is a rare opportunity to acquire a highly desirable commercial property in a rapidly growing area, poised for significant future appreciation. The readily accessible land is ready for immediate development, making it an attractive option for investors seeking a high-return investment with significant upside potential. McLennan County location.

Location Insight

City

Waco

County

Mclennan

State

Texas

Longitude

-97.1194

Latitude

31.5301

CBSA code

47380

CBSA name

WACO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments