For Sale
$1,015,492.50

Loop 340 Waco, TX 76705

Prime Waco development site, seller financing.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 3.73-acre commercial land parcel presents a remarkable investment opportunity in the thriving Waco, Texas market. Located on E Loop 340 in McLennan County, zip code 76705, this property offers unparalleled access and visibility. Zoned C2 (General Commercial), it's ideally suited for a variety of retail and/or office developments. The site boasts a strategic location at the entrance to the South Fork residential development, ensuring a strong customer base. Its proximity to La Vega Junior High School and La Vega Middle School, less than a half-mile away, further enhances its appeal. Conveniently situated approximately 2.25 miles from I-35, this property benefits from high traffic counts on the rapidly expanding E Loop 340 corridor, boasting 23,345 vehicles per day. The surrounding area demonstrates strong demographics, with a population of 25,910 within a 3-mile radius and an average household income of $55,052. The asking price is $1,015,492.50, translating to a land value of $6.25 per square foot. Seller financing is available, making this an even more attractive proposition for discerning investors. This is a rare opportunity to acquire a prime development site in a high-growth area with excellent potential for significant returns.

Highlights

  • Strong population base of 25,910 within a 3-mile radius.
  • Average household income of $55,052 within a 3-mile radius.
  • High traffic counts of 23,345 vehicles per day (VPD) on E Loop 340.

Property Details for 0 Loop 340

Property type
Land
Lot Size (sq. ft)
162,479 SF

Location Insight

City
Waco
County
McLennan
State
Texas
Latitude
31.58589297883
Longitude
-97.078757734772

FAQs

What type of property is this?
Land - Prime Waco development site, seller financing.
Where is the land located?
The property is located at Loop 340 Waco, TX.
What is the asking price?
The asking price for this property is $1,015,492.50.
What are key features of this property?
This property features: Strong population base of 25,910 within a 3-mile radius.; Average household income of $55,052 within a 3-mile radius.; High traffic counts of 23,345 vehicles per day (VPD) on E Loop 340.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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0 Loop 340
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