305 Elm Ave Waco, TX 76704

This exceptional 1.01-acre commercial land parcel presents a unique development opportunity in Waco, Texas. Situated at 305 Elm Ave, in the vibrant Historic Elm Avenue District, this property offers unparalleled potential. Zoned C-4, it allows for a wide range of commercial uses. The location is highly desirable, boasting proximity to I-35 and the Brazos River, ensuring excellent visibility and accessibility. This full city block is surrounded by a surge of new construction and redevelopment projects, including three new hotels, the Brotherwell Brewery, a mixed-use apartment/retail building, and the "front porch" project. This strategic location within a rapidly growing area guarantees significant future appreciation. The seller is open to exploring collaborative development ideas, making this an even more attractive proposition for forward-thinking investors and developers. Furthermore, the property's location within an Opportunity Zone provides additional tax advantages. This is a rare chance to acquire a prime piece of land in one of Waco's most exciting and rapidly developing neighborhoods. Don't miss this exceptional opportunity to shape the future of this thriving area. The property is located in McLennan County, Texas, with a zip code of 76704.