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Investment Highlights

  • 150-acre commercial site with potential for sale, design-build, build-to-suit, or land lease developments in a highly visible location off I-35.
  • Benefits from the planned extension of Gateway Blvd, which will connect Bagby Ave to I-35, creating a direct corridor to Waco Industrial Park.
  • Easy access to quality amenities, including national brands like Walmart Supercenter, Starbucks, McDonald’s, Discount Tire, and more.
  • Divisible options up to ±75 acres, with flexible zoning and in-place city utilities, accommodating various operational requirements.
  • Within an established commercial hub, near critical distribution operations for Amazon, Caterpillar, Tractor Supply Co., and FedEx Ground.
  • Within a desirable development submarket with several recent multimillion-dollar development projects in the surrounding area.

Executive Summary

This prime land offering in Waco, Texas, presents the opportunity for sale, design-build, build-to-suit, or land lease development, with size options up to 75 acres in a high-visibility location with approximately 1,800 feet of frontage along Interstate 35, just south of Highway 6.

Strategically positioned for industrial, commercial, or mixed-use development, the property benefits from the planned extension of Gateway Boulevard, which will connect Bagby Avenue directly to Interstate 35, enhancing access and creating a direct corridor to Waco Industrial Park. The site is shovel-ready, with already in-place city utilities, minimizing development lead time. The land is divisible and offers multiple zoning designations to accommodate various use requirements, providing flexibility for users, developers, or investors seeking scale and long-term value in the heart of Central Texas.

The Gateway development site enjoys an advantageous location near quality amenities and major industrial tenants. The site is surrounded by mission-critical distribution operations for Amazon, Caterpillar, Tractor Supply Co., FedEx Ground, and many more, creating a thriving hub for commercial activity with robust infrastructure in place. Developments will also benefit from proximity to numerous shopping and dining options on Interstate 35 Frontage Road, including national brands like Walmart Supercenter, Starbucks, McDonald’s, Discount Tire, and more.

Waco presents a premier destination for new commercial development and investment, fueled by impressive population and economic growth in recent years. More than 31,000 residents now live within 3 miles of the site, along with a daytime workforce of more than 28,800. This growing residential base provides businesses with access to the highly qualified talent needed for future growth and expansion. The region’s appeal is demonstrated by a large number of recent multimillion-dollar development projects positioned around Waco’s industrial parks.

Don’t miss this rare opportunity to create a dream development project with a high-impact location at the planned extension of Gateway Boulevard. Contact Cromwell Commercial Group today to get more information and discover all the advantages of this incredible site.

Sale Flyer

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
  • Multifamily
Total Lot Size 150.00 AC

1 Lot Available

Lot

Lot Size 150.00 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100

Nearby Amenities

Hotels

Ramada
64 rooms
3 min drive
Candlewood Suites
99 rooms
6 min drive
Quality Inn
70 rooms
6 min drive
Comfort Suites
74 rooms
6 min drive
Hyatt Place
96 rooms
7 min drive
Residence Inn
104 rooms
8 min drive
Tru by Hilton
98 rooms
7 min drive
WoodSpring Suites
122 rooms
7 min drive

About the Seller

Read More

Sale Advisors

Sale Advisors

Will Phipps, CCIM, Agent
Will Phipps has always had a passion for sports. As a Baylor freshman, he worked for Coach Scott Drew as a student manager for the basketball team because he wanted to be in the business of sports. With the subsequent training, mentorship, education, and experience, Will was able to work at a high level in college athletics. He was able to use the economic power and draw of sports to improve the community that means so much to him. Will is excited to join Coldwell Banker Commercial team and apply the skills he has acquired while serving as the Executive Director of the Greater Waco Sports Commission. Working with key stakeholders and partners throughout greater Waco, he has been able to attract and broker contracts with various national and regional events including Ironman Waco 70.3, Ironman Texas 140.6, Nautique Wakesurf Nationals, NJCAA Womens Tennis National Championships and others… Phipps earned his bachelor’s degree in speech communications from Baylor University in 2009 and his master’s degree in Sports Management from Valparaiso University in 2015. The Lubbock, Texas native resides in Woodway with his two daughters, Laney and Riley.
H Bland Cromwell, CCIM, SIOR, Broker, Partner
Commercial Realtor, Coldwell Banker Commercial Jim Stewart, Realtors, 1977-Present
Assistant Secretary-Treasurer, Coldwell Banker Commercial Jim Stewart, Realtors, 1983-Present
Director, Coldwell Banker Commercial Jim Stewart, Realtors, 1982-Present
Vice President, Coldwell Banker Commercial Jim Stewart, Realtors, 1983-Present
CCIM Designation, 1980; SIOR Designation, 1988
#1 Producer, Coldwell Banker Commercial, Texas, and #2 nationally, 1999
#1 Producer, Coldwell Banker Commercial, Southern Region, 1999, 2002, 2003, 2005
Top Commercial Producer, Coldwell Banker Jim Stewart, Realtors, 1978-1980, 1982-2000, 2002- 2005
Circle of Distinction, Coldwell Banker Commercial, 2001-2005
#1 Producer, Coldwell Banker Commercial, Global, 2003
EDUCATION

Waco ISD, graduated 1973
Southwestern University, BA, Business and History, 1977
Licensed Texas Real Estate Commission, 1975
Realtors National Marketing Institute - Commercial Investment Courses 101-105
PROFESSIONAL DESIGNATIONS

CCIM (1980) Designation #1231 Certified Commercial Investment Member of the Realtors National Marketing Institute. This is the highest degree awarded in the commercial investment field. A CCIM has completed a full schedule of prescribed post-graduate level courses in investment, taxation, development and marketing all types of commercial and investment properties.
SIOR (1988) Awarded the Society of Industrial and Office Realtors in 1988. The SIOR designation is the highest award in industrial real estate. Designees must meet high credibility standards and must have at least seven years experience in industrial real estate transactions. As of 2004, there were less than 2,800 active Industrial SIOR designations in the United States.
  • Listing ID: 39729731

  • Date on Market: 3/10/2026

  • Last Updated:

  • Address: TBD Gateway Blvd, Waco, TX 76712

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