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$275,000
Est. payment /mo
0.62 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Ocampo C A-32
MLS Listing ID 20954111
Annual Tax Amount $8,585
Lot Size 0.620 Acres
Acres 0.62
Property Sub-Type Unimproved Land
Property Description
Located near the intersection of S Hewitt Drive and Park Meadows Drive, this 0.62-acre parcel presents an exceptional opportunity to establish your business in one of the fastest-growing, high-traffic corridors in Central Texas. Just over a mile south of the intersection at Sun Valley Drive, and located near Hewitt Park, this site offers both visibility and accessibility in a thriving community setting. --Zoning-- C-2 Commercial zoning allows a wide variety of retail, office, and service uses, ideal for developers and business owners. --Visibility-- Situated along S Hewitt Drive, which sees an Average Annual Daily Traffic (AADT) of approximately 29,893 vehicles near Sun Valley Drive (KXXV, 2023) — just over a mile north — this lot offers excellent exposure and accessibility for commercial use. --Expanding Market-- Hewitt's population is projected to reach 17,137 by 2025, with a 16.5% increase since 2020, and it is part of the greater Waco metro area, which has over 307,000 residents (Aterio, 2024; World Population Review, 2024). --Affluent Demographics-- The median household income is $83,798, with a per capita income of $37,532, reflecting strong local buying power (U.S. Census Bureau QuickFacts, 2023). --Strategic Location-- Conveniently located 103 miles from Dallas and 95 miles from Austin, benefiting from both metro proximity and secondary market affordability (TravelMath). --Opportunity-- The builder offers a substantial discount on design plans, making this an exceptional chance to develop a customized commercial space in a high-demand corridor. With ideal zoning, excellent visibility, proximity to Hewitt Park, and access to a growing and economically strong population, this commercial lot is a rare opportunity in a high-demand corridor. Whether you're developing retail, office, or service space, this is the kind of location that sets businesses up for long-term success.
Location
State TX
County Mclennan
Zoning C-2
Direction Head South on Hewitt Drive, just past Hewitt Park make a right onto Park Meadows Drive. Lot is on the right.
Exterior
Utilities Available None
Garage No
Building
Lot Description Cleared, Level
Structure Type Other
Others
Ownership CONSTRUCTION CHIC LLC
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20954111
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Listed by Kyle Begor • Texas Premier Realty