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4300 S Jack Kultgen Expy
Waco, TX 76704
Land For Sale · 9.25 AC

INVESTMENT HIGHLIGHTS

  • This land is located in a highly visible location with 635’ of IH-35 service road frontage and easy access.
  • Property is zoned C-2 for an abundance of commercial uses including approved retail gasoline sales.
  • All major utilities are available to site along with an existing 1 - 80’ Pylon sign post.
  • Excellent investment opportunity with a newly reduced price, price updated as of January 27, 2021.

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Multifamily
  • Hospitality
  • Apartment Units
  • Auto Dealership
  • Bowling Alley
  • Contractor Storage Yard
  • Convenience Store
  • Fast Food
  • Hold For Development
  • Movie Theater
  • Restaurant
  • Self Storage
  • Storefront, Retail or Office
Total Lot Size 9.25 AC
Zoning C-2

DESCRIPTION

This 9.3 acre raw development land tract is located fronting I-35 & New Road. Most importantly, it is located inside of the highly coveted "1-Mile CTMP Radius Ring Trade Area". This places it within the highest capital investment and expenditure one-mile radius within McLennan County! Some of the new construction projects located within this one mile ring consist of new hospitals, large scale mixed uses, retail development centers, multiple high-end new apartment complexes, a new high school, multiple national credit branded restaurants and retailer's, and many other new commercial projects. This CTMP one-mile radius, which began in 2005, has more than $ 1,097,500,000 of capital investments and expenditures spent or invested, making your investment in this newly reduced price 9.3 acre tract, as safe of a land investment deal as you're ever going to find within the entire McLennan County market trade area! New road access comes fully entitled and included with this 9.3 acre sale. The new landownership group of this land will have the immediate rights to start up construction of the new access road, leading customer traffic to/from the New Road thoroughfare. This sale also includes a 23,500 SF strip of land, that is currently used by the neighbor to the North property boundary, known as The Equipment Depot Company. The 23,500 SF land strip access road is located in the most Eastern, far rear end of their Equipment Depot outdoor lot and is it approximately 50 x 470 feet in length. While the strip (23,500 SF land area) is currently used by that neighbor, upon given notice of the closing and funding of this sale, Equipment Depot shall immediately surrender their uses of that noted land area, and promptly move off of that land area. Therefore, the new 9.3 acre tract land ownership group will be able to easily build and construct their new access roadway, leading customer traffic to and from the main part of the tract.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-008800-065100-5
Land Assessment
$2,690,360
Improvements Assessment
$0
Total Assessment
$2,690,360
  • Listing ID: 19706893

  • Date on Market: 5/28/2020

  • Last Updated:

  • Address: 4300 S Jack Kultgen Expy, Waco, TX 76704

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