3 Acres off China Spring Road

TBD China Spring Road Waco, TX 76708

TBD China Spring Road, Waco, TX, 76708
TBD China Spring Road, Waco, TX, 76708
FOR SALE
Property Type:
Commercial Land Development
Amount:
$295,000
Last Verified:
Jun 06, 2019

Highlights

  • 3 Acres (130,680 SF)
  • Zoned: O-1: Office District & O-3: Office-Limited District
  • China Spring Road Frontage: 460’ +/-
  • Property Depths: 50’ - 610’ +/-
  • Excellent Visibility
  • Great Accessibility
  • China Spring Road: 9,500 Vehicles/Day (TxDOT: 2016)
  • 2018 Taxes: $6,076.74

Description

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

This mostly rectangular parcel sits immediately off busy China Spring Highway next to Cougar Ridge Parkway. Located near national brands like Dollar General, Pizza Hut, and McDonald’s to name a few this is an ideal retail spot!

The property has 460’ +/- of China Spring Road Frontage and sees approximately 9,5000 vehicles/day according to the most recent TxDOT Study, allowing for excellent visibility and making it easily accessible. It is located in both 0-1: Office District and O-3: Office-Limited zoning district.

This property is located in the city limits of Waco, Texas. 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.

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

Off China Spring Road near intersections of Honnoll Drive and Cougar Ridge Parkway.

Lot Size: 3.0 acres

Map of TBD China Spring Road, Waco, TX, 76708

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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.