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101 W Lake Shore Dr
Waco, TX 76708
Land For Sale
·
6.31 AC
INVESTMENT HIGHLIGHTS
- Total Area: 6.314 acres (Lot 1: 2.324 acres, Lot 2: 3.99 acres)
- Traffic Counts: High visibility with 17,543 VPD on Lake Shore Drive and 10,300 VPD on Steinbeck Bend Drive
- Nearby Institutions: Close to McLennan Community College, benefiting from a large student population
- Zoning: C-3 commercial zoning, ideal for diverse commercial uses
- Prime Location: Signalized intersection for enhanced accessibility and traffic flow
- Surrounding Retailers: In proximity to major retailers like H-E-B, Walmart Supercenter, and McDonald's
EXECUTIVE SUMMARY
Discover an exceptional commercial investment opportunity at the NWC of Lake Shore Drive and MLK Jr. Blvd in Waco, TX. This prime pad site encompasses a total of 6.314 acres, divided into two lots of 2.324 acres and 3.99 acres, respectively. Zoned for C-3 commercial use, the property is ideally situated at a signalized intersection, ensuring maximum visibility and traffic flow. The site benefits from high vehicle traffic counts, with 17,543 VPD on Lake Shore Drive and 10,300 VPD on Steinbeck Bend Drive, making it a highly attractive location for retail and commercial development.
Located in close proximity to McLennan Community College, with a student population of 8,500, and surrounded by well-known retailers such as H-E-B, Walmart Supercenter, and McDonald's, this site offers significant potential for businesses looking to capitalize on the area's strong consumer base. The demographic profile within a 5-mile radius includes a population of over 100,000, an average household income of $60,826, and a daytime population exceeding 100,000, underscoring the site's appeal to a diverse range of commercial ventures.
Located in close proximity to McLennan Community College, with a student population of 8,500, and surrounded by well-known retailers such as H-E-B, Walmart Supercenter, and McDonald's, this site offers significant potential for businesses looking to capitalize on the area's strong consumer base. The demographic profile within a 5-mile radius includes a population of over 100,000, an average household income of $60,826, and a daytime population exceeding 100,000, underscoring the site's appeal to a diverse range of commercial ventures.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 2 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 6.31 AC |
| Zoning | C-3 - Commerical | ||
| Sale Type | Investment |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 6.31 AC |
| Zoning | C-3 - Commerical |
2 LOTS AVAILABLE
Lot 1
| Lot Size | 2.32 AC |
| Lot Size | 2.32 AC |
Lot 2
| Lot Size | 3.99 AC |
| Lot Size | 3.99 AC |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $719,151 CAD | Total Assessment | $719,151 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$719,151 CAD
Improvements Assessment
$0 CAD
Total Assessment
$719,151 CAD
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