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- LoopNet Team
Loop 340
Waco, TX 76706
6.46 Acres Loop 340, Great Visibility · Land For Sale
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6.46 AC
INVESTMENT HIGHLIGHTS
- Great Visibility to est. 21,000 cars per day
- 6 inch water line
- Located in Robinson and McLennan County TIRZ
- 3 Phase Power
- 8 inch sewer line
- Close to Central Texas Marketplace, Legends Crossing, Baylor Scott and White Hospital
PROPERTY FACTS
DESCRIPTION
Prime commercial development location with great visibility and new tax incentives.? Located on Loop 340 within 3/4 of a mile of I-35, this property is located next to established industry and retail spaces such as Marineland, Rise Equipment and Cabinets to go and close to current developments such as the Central Texas Marketplace, Legends Crossing and future developments to include TopGolf, Cinemark, Encompass Health and many local and regional retail and restaurants.? This property is part of the Tax Increment Reinvestment Zone No.? 1 for the City of Robinson.? McLennan County also participates in the TIRZ Program.? Robinson will divert 75% of city tax revenue generated from new development into a fund dedicated to paying for public improvements in the zone or providing grants subsidizing other new development in the zone.? Zoned commercial by the City of Robinson.?
PROPERTY TAXES
| Parcel Number | 48-031703-065900-8 | Improvements Assessment | $11,790 |
| Land Assessment | $94,810 | Total Assessment | $106,600 |
PROPERTY TAXES
