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Investment Highlights

  • Approx. 500 ft of IH 35 frontage
  • Excellent visibility from IH 35
  • Uses permitted by right include - Hotel/Motel, Restaurants, Shopping Centers, and more…
  • Billboard conveys with sale
  • Two driveways for ingress/egress
  • Neighbors include Clayton Homes, Happy Trailers, Palm Harbor Homes, Home Depot, Discount Tire, & more…

Executive Summary

This ±11.34-acre commercial land offering along Interstate 35 in the Waco market provides a highly visible development opportunity within one of Central Texas' most heavily traveled corridors. Located in Lacy Lakeview, the property benefits from approximately 500 feet of Interstate 35 frontage, providing substantial exposure to regional traffic and convenient access for future commercial development.
The site is zoned C-1 within the City of Lacy Lakeview and supports a broad range of commercial uses. According to the marketing materials, permitted uses include hotels, motels, restaurants, shopping centers, and numerous other commercial applications. The property's size, frontage, and zoning flexibility allow developers, investors, and owner-users to evaluate multiple development scenarios within an established commercial corridor.
The property features two driveways for ingress and egress and includes a billboard that conveys with the sale. Municipal water and sewer service are available through the City of Lacy Lakeview, and single-phase electric service is currently available to the existing improvements. These infrastructure components support future development planning and site utilization.
Surrounding commercial activity includes nationally recognized retailers and regional businesses such as Home Depot, Discount Tire, Clayton Homes, Palm Harbor Homes, and Happy Trailers. The location also benefits from exceptional visibility, with Interstate 35 traffic counts reported at approximately 99,539 vehicles per day. Combined with direct interstate frontage, utility availability, and commercial zoning, this property offers a significant development opportunity within the greater Waco market.

Property Facts

Price $2,600,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
Total Lot Size 11.34 AC
Zoning C-1

1 Lot Available

Lot

Price $2,600,000
Price Per AC $229,276.90
Lot Size 11.34 AC

±11.34-acre commercial development site with approximately 500 feet of IH-35 frontage. C-1 zoning, city water and sewer, two driveways, billboard income potential, and visibility to approximately 99,539 vehicles per day.

Description

The property consists of approximately 11.34 acres located at 4901 N IH 35 in Waco, Texas within the City of Lacy Lakeview. The site is zoned C-1 and includes approximately 500 feet of Interstate 35 frontage. Water and sewer service are provided by the City of Lacy Lakeview, and single-phase electric service is available. The property includes two driveways and a billboard that conveys with the sale. The reported 2024 traffic count is 99,539 vehicles per day.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
  • Listing ID: 40092853

  • Date on Market: 5/8/2025

  • Last Updated:

  • Address: 4901 Interstate 35 N, Waco, TX 76705

Contact the Sale Advisor

4901 Interstate 35 N

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