5.705 Acres of Development Land in Waco's "Motor Mile"

1401 West Loop 340, Waco, TX

$1,985,593

Price

5.705 acres

Lot Area

 
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Overview
Lot Area
5.705 acres
Description

H&A Commercial Team - KW Commercial and The Jon Spelman Company would like to present this commercial real estate property for sale!

The property is a prime corner parcel that’s nestled among a stretch of West Loop 340 known as Waco’s "Motor Mile” for its numerous car dealerships such as Allen Samuels Dodge Chrysler Jeep Ram, Bird Kultgen Ford, Waco Nissan, and Jeff Hunter Toyota/Scion to name a few.

This commercial land located at 1401 West Loop 340 in Waco, Texas sits on 5.705 Acres. It has ± 250’ West Loop 340 Frontage, ± 256’ Exchange Parkway Frontage and is only 1.5 miles from both Highway 84 and Interstate 35 with an off ramp feeding into the property frontage providing for excellent visibility and accessibility.

It is situated in Waco’s M-2: Light Industrial District. There is a 16” water line and 10” sewer line to the property with City of Waco services. A gas line is also located along the Northwestern perimeter of the property.

According various articles by the local newspaper, Waco Tribune-Herald, a large parcel of land was recently purchased near the property and will be home to a distribution center for a major retailer. Additionally, in coming years there planned construction affectionally named the "Mall-to-Mall" project which will include upgrades to existing roadways and a much needed uninterrupted frontage road between the major shopping centers.

This property is located in the city limits of Waco, Texas. The Waco Metropolitan Statistical Area has a population of over 270,000 people. The City of Waco is located approximately 90 miles south of the Dallas/Fort Worth area and about 100 miles north of Austin, Texas.
For more information on this property, or any of our other properties, please contact the H&A Commercial Team – KW Commercial!

This property is located on the south side of West Loop 340/State Highway 6 east of its intersection with Exchange Parkway in Waco, Texas.

Highlights
  • 5.705 Acres (248,509.80 SF)
  • Zoned: M-2: Light Industrial District
  • West Loop 340 Frontage: ± 250’
  • Exchange Parkway Frontage: ± 265'
  • West Loop 340: 47,000 Vehicles/Day (TxDOT: 2019)
  • Distance to Interstate Highway 35: 1.5 Miles
  • Distance to U.S. Highway 84: 1.5 Miles
  • Utilities: 16" Water Line; 10" Sewer Line
  • Off-Ramp Feeds Property Frontage
  • Easy Ingress/Egress for West Loop 340
  • Excellent Visibility
  • 2020 Taxes: $52,111.28
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