Prime Development Opportunity in Waco ETJ
Onward Real Estate Team presents an exceptional development opportunity featuring approximately 11.42 acres of land strategically located on Farmiller Road in Lorena, Texas. This versatile property offers significant potential for developers, owner-users, and investors seeking land in the growing Waco extraterritorial jurisdiction.
Property Highlights
This 11.42-acre parcel (497,455 square feet) benefits from Waco ETJ zoning, providing flexibility for various commercial and residential uses. The property features approximately 290 feet of frontage along Farmiller Road with 1,720 feet of depth, offering excellent visibility and access.
Infrastructure & Utilities
The property benefits from excellent utility access, including:
• City water with 8" water line available
• Sewer service with 4" sewer line available
• Electricity readily accessible
Strategic Location & Market Position
This property is ideally positioned across from ongoing residential development, demonstrating the area's active growth trajectory. Located within Waco's extraterritorial jurisdiction, the site offers development flexibility while benefiting from proximity to Waco's expanding market and infrastructure.
The property shows portions within FEMA flood zone areas, providing opportunities for thoughtful site planning and development.
Development Potential
With its substantial acreage, utility availability, and strategic location, this property is well-suited for:
• Residential subdivision development
• Mixed-use projects
• Commercial development
• Owner-user facilities
• Investment hold for appreciation
Additional adjacent land is available for buyers seeking to assemble a larger development parcel.
