For Sale
$450,000

Houston St Lorena, TX 76655

3.41 Acres, Prime Commercial Location

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 3.41-acre commercial property in Lorena, Texas, presents a compelling value-add investment opportunity. Located at the intersection of N Houston Street and Old Lorena Road in McLennan County, this strategically positioned land boasts significant frontage on two major thoroughfares, offering unparalleled visibility and accessibility. The property's zoning allows for a variety of commercial uses, making it ideal for developers seeking to capitalize on the area's growth. Previous plans envisioned the development of two retail stores, a car wash, or even a gas station, showcasing the versatility of this site. The asking price is $450,000. This land is perfectly situated to benefit from the ongoing population migration towards Waco, offering investors a chance to participate in a thriving market. The property's location near existing educational institutions and residential areas further enhances its potential for attracting customers and tenants. With its substantial size and prime location, this property represents a rare opportunity for significant commercial development in a rapidly growing area of Texas. The zip code is 76655, and the coordinates are 31.3949342 latitude and -97.2230977 longitude. This is a mixed-use, commercial land parcel ready for immediate development.

Highlights

  • $450,000 asking price.
  • 3.41-acre lot in Lorena, TX.
  • Mixed-use commercial land suitable for retail development.
  • Prime location with frontage on Old Lorena Rd and N Houston St.
  • Value-add investment opportunity.

Property Details for 0 Houston St

Property type
Retail properties, Mixed-use properties
Lot Size (sq. ft)
148,540 SF

Location Insight

City
Lorena
County
McLennan
State
Texas
Latitude
31.3949342
Longitude
-97.2230977

FAQs

What type of property is this?
Retail property - 3.41 Acres, Prime Commercial Location
Where is the retail property located?
The property is located at Houston St Lorena, TX.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: $450,000 asking price.; 3.41-acre lot in Lorena, TX.; Mixed-use commercial land suitable for retail development.
How can I contact the broker?
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0 Houston St
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