700 La Salle AveWaco, TX 76706

Property Details for 700 La Salle Ave

Lot size

0.81 AC

Property type

Agricultural properties

Property subtype

Other land

Description

This exceptional 0.812-acre tract in Waco, Texas, presents a unique investment opportunity. Located in the C-2 Community Commercial District, this property enjoys a prime position between Baylor University and Magnolia Table, offering unparalleled visibility and accessibility. The land boasts two existing curb cuts, simplifying development and access. Significant infrastructure is already in place, including a 6-inch sewer line and a 10-inch water line conveniently located at the property's front. The 2023 McLennan County Appraisal District (MCAD) valued the property at $707,410, significantly exceeding the asking price of $350,000. This discrepancy highlights the substantial potential for appreciation and return on investment. The land's versatility allows for a range of commercial and potentially residential uses, subject to city approvals. With its strategic location, existing infrastructure, and attractive price point, this property represents a compelling investment opportunity in a thriving Texas market. The land value is $11.28 per square foot. The property's address is 700 La Salle Avenue, Waco, TX 76706, within McLennan County.

Location Insight

City

Waco

County

McLennan

State

Texas

Latitude

31.538

Longitude

-97.1153

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