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19465524

101 Lake Shore Dr, Waco, TX 76708

ED
TX 445221
Structure Commercial
Listed by Structure Commercial
Unpriced
674 days on market
Updated 98 days ago

Waco Pad Site

Details
Property Type Land
Sub Type Commercial
Acreage 2.324 - 3.99

Exceptional 2.32 Acre Pad Site in Waco

Marketing description

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.

Investment highlights

  • Total Area: 6.314 acres (Lot 1: 2.324 acres, Lot 2: 3.99 acres)

  • Zoning: C-3 commercial zoning, ideal for diverse commercial uses

  • Traffic Counts: High visibility with 17,543 VPD on Lake Shore Drive and 10,300 VPD on Steinbeck Bend Drive

  • Prime Location: Signalized intersection for enhanced accessibility and traffic flow

  • Nearby Institutions: Close to McLennan Community College, benefiting from a large student population

  • Surrounding Retailers: In proximity to major retailers like H-E-B, Walmart Supercenter, and McDonald's

Listing Contacts

ED
TX 445221
Structure Commercial
Listed by Structure Commercial

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