6501 Horizon Cir Waco, TX 76712
For Sale
This exceptional 1.63-acre commercial land parcel is situated in Waco, Texas, at 6501 Horizon Cir, 76712, within McLennan County. Offered at $427,000, this property presents a compelling investment opportunity. Its location offers excellent proximity to Baylor/Scott & White and Hillcrest, making it highly attractive for various commercial ventures. The seller is open to exploring different development options, including design-build projects, build-to-lease agreements, or individual lot sales. While this specific parcel encompasses 1.63 acres, it's important to note that the overall development features lots ranging in size from 1.04 acres to 3.93 acres, with prices varying from $4.50 per square foot to $6.00 per square foot. This flexibility allows for tailored development plans to suit diverse business needs and investment strategies. The property's strategic location and the developer's willingness to consider various development approaches make this a truly unique opportunity in the thriving Waco commercial real estate market. This is a chance to acquire a well-positioned parcel ready for immediate development or future investment. Contact us today to learn more about this exceptional opportunity.
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
M-2 · Woodway, TXWoodway. Always verify with local authorities before improvements.
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.