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SWC Interstate Highway 35E & East Crestview Drive - N IH-35 @ E Crest Rd, Lacy Lakeview, TX 76705

6.3 Acres of Commercial Land Offered at $2,744,280 in Lacy Lakeview, TX 76705

Investment Highlights

  • High visibility / high traffic exposure
  • City utilities on site (6-inch water and 6-ich sewer lines)
  • TXDOT traffic counts indicate 90,000+ vehicles per day
  • Site is adjacent to the dense residential area

Executive Summary

A 6.3-acre commercial land for sale for $10.00 PSF can be subdivided into smaller parcels. I-35E Exposure & visibility, southwest quadrant of East Crest Drive, and adjacent to Intestate Highway 35E service road. Adjacent to a very established residential community. Easy Access to Hwy 35E, Close Proximity to Baylor University & TSTC. Utilities are available to the property Highway Commercial zoning, including office, retail, MF2, etc. The property is suitable for shopping centers, neighborhood stores, fast-food restaurants, gas stations, etc.

Property Facts

Price $2,744,280
Sale Type Investment
Sale Conditions Bulk/Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Hospitality
  • Auto Repair
  • Bank
  • Fast Food
  • Hotel
  • Restaurant
Total Lot Size 6.30 AC

1 Lot Available

Lot 1F

Price $2,744,280
Price Per AC $435,600
Lot Size 6.30 AC

The 6.3-acre lot is located on the SW quadrant of Interstate Highway N, 35E East Crest Road in Lacy Lakeview, TX, Just a short distance from the City of Waco, TX. The Land is adjacent to Hwy 35E southbound service road. and has excellent exposure.

Description

The 6.3-acre parcel is located on the Southwest quadrant of Interstate Highway N, 35E East Crest Road in Lacy Lakeview, TX, Just a short distance north of the City of Waco, TX. The property may be subdivided into 2-3 acres parcels and sold separately. The property is adjacent to highway 35E southbound service road. and has excellent exposure and high visibility. a $72M training facility complex and commercial development under construction to the northeast of the subject property. Moreover, the subject property is adjacent to the residential communities. Valero/Circle K, Family Dollar, Bush’s Chicken, and Dairy Queen. There is also a private airport in close proximity on the east side of Highway 35. Easy Access to Hwy 35E, Close Proximity to Baylor University & TSTC, and Utilities available to the property. Highway Commercial Zoning, including office, retail, MF2, etc. The property is in a perfect location and suited for hotels, banks, shopping centers, restaurants, neighborhood stores, food stores, and gas stations. Development opportunity on Interstate 35, just south of E. Crest Dr (Exit 342A). Close proximity to the campus of Texas State Technical College and L-3 Communication Systems. Retail development nearby includes Valero/Circle K, Family Dollar, Bush’s Chicken, and Dairy Queen. This tract features frontage on the south-bound IH-35 service road and access via Avenue B.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 20-032601-000600-0
  • 20-032601-000300-9
  • 20-032601-000200-2
Land Assessment
$626,470
Improvements Assessment
$0
Total Assessment
$626,470

zoning

Zoning Code Highway Commercial (Office, Retail, Industrial, Small neighborhood stores, restaurants, gas stations,)
Highway Commercial (Office, Retail, Industrial, Small neighborhood stores, restaurants, gas stations,)
  • Listing ID: 25745421

  • Date on Market: 5/19/2022

  • Last Updated:

  • Address: SWC Interstate Highway 35E & East Crestview Drive, Lacy Lakeview, TX 76705

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