101 Lake Shore Dr Waco, TX 76708

Property Details for 101 Lake Shore Dr

Lot size

2.32 lot acres

Property type

Commercial land

APN

140418010034060

APU

140418010034060

Description

This exceptional 2.32-acre commercial pad site is located at 101 Lake Shore Dr, Waco, TX 76708, at the Northwest corner of Lake Shore Drive and MLK Jr. Blvd. The property is part of a larger 6.314-acre parcel, zoned C-3 commercial, offering significant development potential. Its prime location at a signalized intersection ensures high visibility and accessibility, benefiting from substantial traffic counts: 17,543 vehicles per day on Lake Shore Drive and 10,300 VPD on Steinbeck Bend Drive. The site's strategic proximity to McLennan Community College (8,500 students) and established retailers such as H-E-B, Walmart Supercenter, and McDonald's, creates a strong consumer base. Within a 5-mile radius, the area boasts a population exceeding 100,000, with an average household income of $60,826 and a daytime population also exceeding 100,000. This makes it an ideal location for a variety of commercial ventures. The property offers excellent visibility and accessibility, making it a highly attractive investment opportunity for businesses seeking a strong presence in a thriving Waco market. This is a rare opportunity to acquire a well-positioned commercial pad site in a high-traffic area with a robust demographic profile. The site's location and zoning provide a solid foundation for a successful commercial development.