610 27th St, Waco, TX 76705
This exceptional 74,390 square foot commercial land parcel presents a compelling development opportunity in Waco, Texas. Located at 610 E. 27th Street in Lacy Lakeview, this property boasts a highly desirable location on Highway 84, ensuring excellent visibility and accessibility. The current zoning is B1, designated as a Neighborhood Business District, Secondary & Highway zoning, offering a range of potential uses for developers. The expansive lot size provides ample space for a variety of commercial projects, making it an ideal investment for those seeking to capitalize on Waco's growing economy. The property is situated in McLennan County, Texas, with a 76705 zip code. Its precise coordinates are 31.585748 latitude and -97.103578 longitude. The asking price for this exceptional development opportunity is $1,487,800. This is a rare chance to acquire a significant commercial land parcel in a prime location with excellent potential for future growth and return on investment. Don't miss this chance to secure a piece of Waco's thriving commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B1 · Waco, TXWaco. Always verify with local authorities before improvements.
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.