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Investment Highlights

  • Located within Central Texas Marketplace, a major regional retail destination in Waco.
  • Surrounded by national retailers, including Belk, Kohl’s, Best Buy, and Marshalls.
  • Exceptional visibility and access at the intersection of Interstate 35 and Loop 340.
  • Benefits from strong traffic counts and steady consumer draw from local and regional markets.

Executive Summary

This 3.34-acre commercial land parcel is located within Central Texas Marketplace, Waco’s premier power retail center. Positioned at the northwest corner of Interstate 35 and Loop 340, the site offers exceptional visibility and direct access to one of the region’s most heavily traveled corridors. The property is zoned C2 – Commercial, allowing for a wide range of potential uses, including retail, office, medical, and light industrial development.
Central Texas Marketplace serves as a dominant retail hub in the region, featuring a Gross Leasable Area of approximately 429,631 square feet and anchored by nationally recognized retailers such as Belk, Kohl’s, Ross Dress for Less, Marshalls, HomeGoods, and Best Buy. Additional tenants include Old Navy, Ulta Beauty, Petco, Skechers, and Popshelf, complemented by a variety of dining options from quick-service to sit-down restaurants.
The site benefits from strong traffic counts along I-35 and Loop 340, drawing both local shoppers and travelers. Its location within a thriving retail environment ensures consistent consumer activity, making it an attractive opportunity for developers and investors seeking to capitalize on Waco’s continued growth and the property’s prime positioning within a high-demand commercial corridor.

Property Facts

Price $1,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Medical
Total Lot Size 3.34 AC
Zoning C2 - Commercial

1 Lot Available

Lot

Price $1,500,000
Price Per AC $449,101.80
Lot Size 3.34 AC

3.34 Acres of Land located within Central Texas Marketplace. Central Texas Marketplace stands as Waco's premier power retail center, strategically positioned at the northwest corner of I-35 and Loop 340.

Description

Central Texas Marketplace stands as Waco’s premier power retail center, strategically positioned at the northwest corner of I-35 and Loop 340. This prime location offers exceptional visibility and accessibility, attracting both local residents and the steady flow of travelers along the I-35 corridor. With a Gross Leasable Area (GLA) of approximately 429,631 square feet, the center serves as a dominant retail hub in Central Texas. The marketplace boasts a diverse mix of national retailers and specialty stores, catering to a wide range of shopping preferences. Anchored by major tenants such as Belk, Kohl’s, Ross Dress for Less, Marshalls, HomeGoods, and Best Buy, it offers a comprehensive shopping experience. Additional retailers include Old Navy, Ulta Beauty, Petco, Skechers, and Popshelf, among others. This blend of stores ensures that shoppers can find everything from fashion and electronics to home décor and beauty products in one convenient location. Beyond retail, Central Texas Marketplace features a variety of dining options to satisfy diverse culinary tastes. Visitors can enjoy quick bites at establishments like Panda Express and Subway or opt for sit-down meals at restaurants such as Panera Bread and Logan’s Roadhouse . The center’s open-air design and ample parking enhance the overall shopping and dining experience, making it a preferred destination for both everyday errands and leisurely outings.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
48-008422-000119-0
Land Assessment
$577,000
Improvements Assessment
$0
Total Assessment
$577,000
  • Listing ID: 36029385

  • Date on Market: 5/29/2025

  • Last Updated:

  • Address: 2425 Marketplace, Waco, TX 76711

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