Multi-Family Development Land in West Waco

15 Acres on Old Lorena Road Waco, TX 76712

15 Acres on Old Lorena Road, Waco, TX, 76712
15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712 15 Acres on Old Lorena Road, Waco, TX, 76712
FOR SALE
Property Type:
Multifamily Land
Amount:
$1,865,000
Last Verified:
Mar 31, 2022

Highlights

  • Land: 15 Acres +/- with Additional Land Available For Purchase
  • Zoned: R-1B: Single-Family Residence
  • Located in the Wealthiest Per Capita Income Zone in McLennan County
  • Borders the 2.5 Mile Cotton Belt Hike & Bike Trail
  • Bear Ridge Public Golf Course, Lake Waco & McGregor Executive Airport are all located nearby.
  • Less than 10 minutes from Providence & Hillcrest Hospitals
  • Water, Sewer & Electricity Available

Description

H&A Commercial Team – KW Commercial, Central Texas and the Jon Spelman Company would like to announce our new multi-family development listing located just off of Old Lorena Road in highly sought-after Western Waco, Texas.

Exceptional multi-family/residential development opportunity in the Highway 84/West Waco corridor area of McLennan County, Texas. The absolutely perfect setting for a large multi-family project! This property consists of 10-20 Acres of land with city water, sewer and electricity, making it the perfect development land for any multi-family project.

Located in McLennan County’s highest per capita income area and convenient to all schools, shopping and minutes from Waco’s two regional medical centers. Perfect private setting bounded by the 2.5 mile Cotton Belt Hike & Bike Trail and Old Lorena Road. Within walking distance to the South Bosque River and a short golf cart drive to Bear Ridge public golf course!

A proposed retail shopping center complex is in the works just down the street at the corner of Old Lorena Road and US Highway 84.

The owner will negotiate and subdivide depending on user needs. Bring all offers and inquiries.

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 just off of Old Lorena Road right next to the Cotton Belt Trail and Church Road.

Lot Size: 15.0 acres


Documents

Area Subdivisions
Drive Time Distance Map
Information About Brokerage Services
Location Maps
Nearby Features and Amenities
TxDOT Map
Utilities Map
Virtual Proposed Site Plan
Waco Code of Ordinances R-1B
Zoning Map
Marketing Flyer

Map of 15 Acres on Old Lorena Road, Waco, TX, 76712

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

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.