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Investment Highlights

  • Prime 1.26-acre tract ideal for retail, multi-family, or institutional development.
  • Centrally located near retail hubs, schools, banks, and residential communities.
  • Cleared parcel ready for immediate development.
  • High visibility along New Road with approximately 18,000 daily traffic counts.
  • Surrounded by national brands and adjacent to recently developed commercial sites.

Executive Summary

Located conveniently next to a family dollar, Schlotzsky's, and the new Natural Grocers locations while churches, gyms, multi-family, schools, and even banks are ALL adjacent or across the street.

Property Facts

Price $1,750,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.26 AC

1 Lot Available

Lot

Price $1,750,000
Price Per AC $1,388,888.89
Lot Size 1.26 AC

Comprising 1.26 acres on a flag shaped lot, this site is well suited to development of multi-family, retail, or institutional use. Daily traffic on New Road is estimated to be nearly 18,000 unique drivers per day.

Description

720 N New Road is a commercial land parcel comprising roughly 1.26 acres in central Waco, Texas. The property is located off a primary corridor with significant vehicle traffic and offers proximity to nearby retail, restaurants, institutional uses, and residential developments. The site’s position in the city core provides access to major transportation routes and surrounding population centers.

Moderately walkable
60/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 35635619

  • Date on Market: 4/25/2025

  • Last Updated:

  • Address: 720 N New Rd, Waco, TX 76710

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