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S IH-35 - +/- 129.76 Acres, WACO ETJ

129.76 Acres of Commercial Land in Hewitt, TX 76643

Investment Highlights

  • +/- 136 AC
  • Prime Industrial or Mixed-Use Development Opportunity: Property is efficiently shaped and generally flat with direct I-35 frontage.
  • Located in the heart of the “Texas Triangle” economic megaregion and equidistant between Dallas-Fort Worth and Austin.
  • Site has multiple options to access public utilities (Reach out to Broker)
  • Excellent ingress and egress options on and off I-35 with a dedicated turnaround and quick on and off-ramp access.
  • ETJ zoning allows for versatile mix of development types.

Executive Summary

**REDUCED PRICING & IMPROVED OPTIONS FOR UTILITIES
Prime Development Opportunity: Property is efficiently shaped and generally flat with direct I-35 frontage.
UTILITY UPDATE: Future extension of Gateway Drive to our north projected to be completed by Q4 2025, which would bring water and sewer connections to the frontage road about 800’ north of our property line.  Closest connection currently is over 3,000’ to the north. 
Ingress/Egress: Excellent ingress and egress options on and off I-35 with a dedicated turnaround and quick on and off-ramp access.
Strategic Location: Located in the heart of the “Texas Triangle” economic megaregion and equidistant between Dallas-Fort Worth and Austin.
Zoning: ETJ allows for versatile mix of development types.
Strong Labor Force and Economic Drivers: Labor force of 400,000+ over a seven-county region; 21 national and worldwide company HQ locations; 75,000+ college students within a 60-minute drive.

Attachments

Waco 136 AC - OM

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
  • Apartment Units
  • Distribution
  • Food Processing
  • Hold For Development
  • Hold For Investment
  • Hotel
  • Industrial Park
  • Master Planned Community
  • Planned Unit Development
  • Retail Warehouse
  • Truck Terminal
  • Warehouse
Total Lot Size 129.76 AC

1 Lot Available

Lot

Lot Size 129.76 AC

**REDUCED PRICING & IMPROVED OPTIONS FOR UTILITIES Prime Development Opportunity: Property is efficiently shaped and generally flat with direct I-35 frontage.

Description

REDUCED PRICE! IMPROVED UTILITY OUTLOOK! LanCarte Commercial is pleased to offer qualified investors and developers the rare opportunity to purchase approximately 129 acres of prime undeveloped land strategically positioned along the west side frontage of I-35. The property, located in the ETJ of Waco, Texas is one of the largest undeveloped land parcels remaining along I-35 in the Waco area. The site is located in the City of Waco ETJ and enjoys prime interstate visibility with enhanced accessibility from multiple ingresses and egress points, making this site a prime development option for logistics, distribution, highway commercial, or a mix of uses. Traffic counts along the interstate exceed 95,000 vehicles per day. Prime Development Opportunity: Property is efficiently shaped and generally flat with direct I-35 frontage. UTILITY UPDATE: Future extension of Gateway Drive to our north projected to be completed by Q4 2025, which would bring water and sewer connections to the frontage road about 800’ north of our property line.  Closest connection currently is over 3,000’ to the north.  Ingress/Egress: Excellent ingress and egress options on and off I-35 with a dedicated turnaround and quick on and off-ramp access. Strategic Location: Located in the heart of the “Texas Triangle” economic megaregion and equidistant between Dallas-Fort Worth and Austin. Zoning: ETJ allows for versatile mix of development types. Strong Labor Force and Economic Drivers: Labor force of 400,000+ over a seven-county region; 21 national and worldwide company HQ locations; 75,000+ college students within a 60-minute drive. The City of Waco is a thriving midsize city with a rapidly growing population that ranks high in livability and is known for its business-friendly atmosphere. The Waco region is located just 90 miles from Dallas/Fort Worth and Austin and is anchored by an established and rapidly growing manufacturing and logistical sector that has attracted national companies such as Amazon, Space X, Mars Wrigley, Hello Bello, Holt Cat, and Coca-Cola. The region benefits from over 400,000 skilled laborers and over 75,000 college students attending 12 colleges or universities

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
36-003200-028800-6
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$23,730

zoning

Zoning Code ETJ (Located in Waco ETJ (no current restrictions))
ETJ (Located in Waco ETJ (no current restrictions))
  • Listing ID: 27111565

  • Date on Market: 11/14/2022

  • Last Updated:

  • Address: S IH-35, Hewitt, TX 76643

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