For Sale
$2,000,000

901 Columbus AveWaco, TX 76701

Prime 2.57-acre tract, C-3 zoning.

Overview

Added:
Dec 11, 2024
Days on market:
124
This exceptional 2.57-acre vacant land parcel, located at 901 Columbus Ave in Waco, Texas (76701), presents a remarkable investment opportunity. Boasting 111,949 square feet and a C-3 zoning designation, this property offers significant mixed-use development potential. Situated in the heart of downtown Waco, it enjoys prominent street frontage on four sides, encompassing two full city blocks. The site is ideally positioned near Baylor University, the vibrant downtown entertainment district, and the proposed Magnolia-branded hotel, capitalizing on the area's explosive growth. The property's planned development includes 100 units with ample surface parking. With a land value of $12.51 per square foot and an asking price of $2,000,000, this is a rare chance to acquire a large, strategically located development tract in one of Texas's most dynamic urban centers. The property is surrounded by new developments, underscoring its prime location and future potential. This is a truly unique opportunity for developers seeking to create a significant project in a thriving market.

Highlights

  • Four-sided street frontage.
  • Two full city blocks of frontage.
  • Excellent location surrounded by new developments.
  • Mixed-use development potential near Baylor University, downtown, and the Magnolia Hotel; planned for 100 units with ample surface parking.
  • 111,949 square foot building.
  • Prime location near Baylor University, the downtown entertainment district, and the Magnolia Hotel.

Property Details for 901 Columbus Ave

Property type
Land
Square Feet
111,949 SF
Lot Size (sq. ft)
111,949 SF

Location Insight

City
Waco
County
McLennan
State
Texas
Latitude
31.555324807137
Longitude
-97.137262437727
901 Columbus Ave, Waco, Texas

FAQs

What type of property is this?
Land - Prime 2.57-acre tract, C-3 zoning.
Where is the land located?
The property is located at 901 Columbus Ave Waco, TX.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Four-sided street frontage.; Two full city blocks of frontage.; Excellent location surrounded by new developments.
How can I contact the broker?
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901 Columbus Ave
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