0 Houston StLorena, TX 76655

Property Details for 0 Houston St

Lot size

3.41 AC

Property type

Retail properties

Property subtype

Mixed-use properties

Description

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.

Location Insight

City

Lorena

County

McLennan

State

Texas

Latitude

31.3949

Longitude

-97.2231

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