11508 China Spring Rd Waco, TX 76708
- Commercial real estate
- 13.09 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 11508 China Spring Rd
- Year built
- 1915
- Lot size
- 13.09 lot acres
- Property type
- Commercial real estate
Description
This exceptional 13.093-acre commercial property, located at 11508 China Spring Rd, Waco, Texas, 76708, presents a unique investment opportunity. Built in 1915, the land is currently zoned R-1B, permitting single-family homes. However, the property's significant size and location offer considerable potential for redevelopment. A conceptual plan outlines the possibility of creating 31 residential lots, with potential expansion to 34. This suggests strong potential for a multi-family development, subject to necessary rezoning. The asking price for this expansive parcel is $950,000. Situated in McLennan County, this property boasts a prime location in Waco, Texas, offering easy access to key transportation routes and amenities. The property's substantial acreage and flexible zoning make it an attractive prospect for developers seeking a high-return investment in a thriving Texas market. Detailed information regarding the conceptual plan and potential development options is available upon request. This is a rare opportunity to acquire a large, well-situated commercial parcel with significant upside potential. Don't miss out on this chance to secure a valuable asset in a rapidly growing area.
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
- -97.2673467
- Latitude
- 31.6306404
