15.24 Acres of Development Land on FM 185 (Cedar Rock Parkway)

TBD FM 185 (Cedar Rock Parkway) Woodway, TX 76712

TBD FM 185 (Cedar Rock Parkway), Woodway, TX, 76712
TBD FM 185 (Cedar Rock Parkway), Woodway, TX, 76712
FOR SALE
Property Type:
Other Land
Amount:
$550,000
Last Verified:
Mar 18, 2019

Highlights

  • 15.24 Acres (663,854.40 SqFt)
  • Zoned: Waco ETJ
  • Cedar Rock Parkway Frontage: 604.69’
  • Property Depth: 886.32’ - 937.22’
  • Rear Property Width: 885.58’
  • Approximately 7.8 Acres of Usable Land
  • Water: North Bosque Water Supply
  • Excellent Visibility
  • Highway 6: 14,000 Vehicles/Day (TxDOT: 2016)
  • 2017 Taxes: $1,978.60

Description

H&A Commercial Team - KW Commercial would like to present this commercial real estate property for sale!

This tract of land consists of 15.24 Acres located on FM 185 (Cedar Rock Parkway) near the intersection with State Highway 6. The property has roughly 604’ of frontage along FM 185 and a depth range of about 886’ to 937’. State Highway 6’s daily traffic count is over 14,000 vehicles, while FM 185’s is around 3,500 vehicles per day.

This property is located just outside of the city limits of Waco, Texas in the Waco ETJ (Extraterritorial Jurisdiction). The Waco Metropolitan Statistical Area has a population of over 270,000 people. The City of Waco is located approximately 90 miles south of the Dallas/Fort Worth area and about 100 minutes north of Austin, Texas.

The property does have access to water through the North Bosque Water Supply as well as electricity.

For more information on this property, or any of our other properties, please contact the H&A Commercial Team – KW Commercial!

This property is located near the intersection of FM 185 (Cedar Rock Parkway) and Highway 6 in Waco, Texas.

Lot Size: 15.24 acres

Map of TBD FM 185 (Cedar Rock Parkway), Woodway, TX, 76712

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.